Moderna, General Motors and Dow Jones financial names were early leaders Friday, as stock futures rebounded. Read More...
MarketWatch
Financial stocks set for broad selloff as Treasury yields keep falling
The financial sector is bracing for a broad selloff Thursday, amid weakness in the broader market and continued declines in Treasury yields. The SPDR Financial Select Sector ETF slumped 1.8% in premarket trading, enough to pace the declines in all of the SPDR ETFs tracking the S&P 500’s 11 sectors. Among the financial ETF’s most heavily weighted components, shares of Berkshire Hathaway Inc. fell 1.4%, J.P. Morgan Chase & Co. shed 2.1%, Bank of America Corp. dropped 2.6%, Wells Fargo & Co. gave u
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