Financial ETFs Routed as Citi, Bank of America Fall 4%
June 06, 2011 at 17:25 PM EDT
Exchange traded funds that invest in the U.S. financial sector fell hard Monday on economic worries as top holdings Citigroup (NYSE: C) and Bank of America (NYSE: BAC) both lost about 4%. Energy ETFs were the other big sector loser to start the week. Financial ETFs lost nearly 2% on Monday. An...