FX & CFD trading involves significant risk
Financials continue to underperform the rest of the market. The sector's 0.8% loss comes amid weakness in diversified bank stocks, but also from investment banks. The latter space has been hurt by news that Goldman Sachs (GS 155.91, -4.26) has been accused by a Senate subcommittee for lying in a testimony during 2010. Meanwhile, Deutsche Bank (DB 60.35, -1.03) and Credit Suisse (CS 44.11, -0.55) were both downgraded by analysts at Societe Generale.
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