Banks Drag Stock ETFs Lower
November 22, 2011 at 07:03 AM EST
Sharp declines recently in U.S. large-cap banks such as Bank of America (NYSE: BAC) and Morgan Stanley (NYSE: MS) are weighing on financial exchange traded funds as the embattled sector lags the overall market. “It’s not a secret that financials as a group have been underperforming the rest of the...
