Financials Breaking Down (XLF, GS, JPM, BAC)

Financial stocks have been breaking down throughout the day and are now pushing to new lows on the session. Look for these names to lead the market lower. The Financial Select Sector SPDR XLF has lost 0.96% to $13.42. The widely traded ETF was in positive territory during morning trading. Goldman Sachs GS has now fallen 1.78% to $142.11. J.P. Morgan JPM has shed 1.38% to $35.73. Bank of America BAC is near a new 52-week low of $12.52, down 1.07% on the session.
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