Markets Turn Negative On Financial Stocks

As mid day approaches, the markets have turned to the negative side. Fear continues to creep out of Europe as the Euro has inched back to the negative side against the Dollar. In addition, financial regulation seems sure to pass in the coming weeks. Financial stocks are having a tough time catching any sort of bid. Goldman Sachs Group, Inc. (NYSE:
GS
) is dropping sharply today. The stock is trading at $140.24 -$2.40 (-1.68%). In addition, JPMorgan Chase & Co. (NYSE:
JPM
) is trading down to $39.44 -$0.40 (-1.00%) while Wells Fargo & Company (NYSE:
WFC
) is at $31.15 -$0.82 (-2.56%). Bank of America Corporation (NYSE:
BAC
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