Citigroup, Mortgage Woes Drag Down Financial ETFs
May 11, 2011 at 13:16 PM EDT
Financial exchange traded funds tracked the market lower Wednesday as investors worried about the impact of a guilty verdict for Raj Rajaratnam on insider trading charges, and banks’ exposure to mortgage losses. Financial Select Sector SPDR Fund (NYSEArca: XLF) was down 1% while top holding...
