Financials Leader Stocks Lower: XLF Down 2%, Goldman Down (GS) 3%, JPMorgan (JPM) Down 2.5%

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Financial sector seems to be leading stocks lower. The Financial Select Sector SPDR ETF (NYSE: XLF) is currently down 2 percent to around $13.10.

Around the sector:

• Bank of America (NYSE: BAC) down 1.8 percent to $8.02
  
• Goldman Sachs (NYSE: GS) down 3.1 percent to $112.65
  
• JPMorgan (NYSE: JPM) down 2.5 percent to $36.61
  
• Wells Fargo (NYSE: WFC) down 2.6 percent to $25.41
  
• Morgan Stanley (NYSE: MS) down 2.7 percent to $17.02

The Dow Jones is now down 92 points to 11,520; the S&P 500 is down nearly 12 points to 1,207.

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JPMorgan, Morgan Stanley, Bank of America, Standard & Poor's, Wells Fargo

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