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Monday, Sep 23
Financials lead market lower after Citi warning
- The financial sector (XLF -1.2%) leads the market lower following Citigroup's warning about Q3 trading revenues. SPDR KBW Bank ETF (KBE -1.3%). Not necessarily exposed to trading activity, regional banks are nevertheless not spared, the Regional Banking ETF (KRE -1.3%). The TBTF banks are all off between 2 and 3 percent.
- Related ETFs: XLF, IYF, PFI, VFH, RYF, RWW, FAS, UYG, FAZ, SKF, SEF, IAI, FXO, PSCF, KBWD, KBWB, IYG, FINU, FINZ, KBWB, IAT, KBE, KRE, RKH, QABA, KRU, KRS, KBWR.