Financial Stocks Leading Stocks Lower: Goldman (GS) Down 6%, BofA (BAC) Down 7%, Citi (C) Down 8%

The Financial sector is leading the broader stock market lower this morning.

The Financial Select Sector SPDR ETF (NYSE: XLF) is currently down 6.2 percent.

Around the group:

• Goldman Sachs (NYSE: GS) down 6.3 percent to $115 even
  
• Bank of America (NYSE: BAC) down 7.2 percent to $7.05
  
• Citi (NYSE: C) down 8 percent to $29.26
  
• Wells Fargo (NYSE: WFC) down 5.7 percent to $23.38
  
• Morgan Stanley (NYSE: MS) down 4.9 percent to $17.32

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