Bank of America Saps Financial ETFs; Nasdaq-100 Steady on Apple
July 05, 2011 at 11:15 AM EDT
Financial exchange traded funds were the biggest sector decliners in Tuesday’s down market after a five-day rally. Financial Select Sector SPDR Fund (NYSEArca: XLF) was off more than 1% along with top holding Bank of America (NYSE: BAC). In the tech sector, the Nasdaq-100 PowerShares QQQ (NasdaqGM:...
