Equity markets have softened from Sunday night. The Nasdaq plunged just ahead of settlement after Netflix missed subscriber growth expectations. However, it wasn’t all bad news heading into the close as the Russell 2000 halved a loss of 1% in the last hour. While many sectors notched losses, it was the banks that lifted more than their weight with Bank of America +4.3%, JP Morgan +3.97%, Citigroup +3.67% and Wells Fargo +2.94%.
From:: Resource Investor