Stock ETFs Follow Citigroup, Banks Lower
May 13, 2011 at 17:57 PM EDT
Stock exchange traded funds lost ground Friday as the Dow retreated 100 points and large-cap banks such as Citigroup (NYSE: C) and Bank of America (NYSE: BAC) dropped more than 2%. Bank ETFs were the worst sector in Friday’s stock pullback with shares of Goldman Sachs (NYSE: GS) and Bank of America...
