FX & CFD trading involves significant risk
Stocks have worked their way back from the lows that were set in the wake of an abysmal Consumer Confidence Index earlier this morning, but the major equity averages have yet to break out of negative territory.
Financials continue to hamper overall action. The frequently influential sector is down 1.4%, which makes it the worst performing sector in the pack. Financials, as a group, have been hurt by weakness in shares of insurance plays, which are under pressure after they had staged outsized gains in the prior session.
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