Banks Continue To Trade Terribly (BAC, WFC, JPM, C)

The major money-center banks continue to trade abysmally on Tuesday, as it seems that these names will never turn the corner - which is not a good sign for the economy. Bank of America BAC, predictably, is leading the complex lower. Today, the shares have shed 1.42% to $13.18, despite a strong broader market tape. Wells Fargo WFC is up next, losing 0.85% to $31.35. Citigroup C shares have shed 0.23% to $4.42 and J.P. Morgan JPM is hugging the flatline, down 0.02% to $45.95.