It's setting up to be a bad morning for financials. Barclays (BCS) -8.6% premarket as pressure grows for Diamond to quit, and JPMorgan (JPM) -5.2% on reports its trading loss could hit $9B. Perhaps in sympathy, other financial names are also dropping, outpacing the pullback by S&P futures: BAC -1.5%, MS -1.15%, C -1%, WFC -1%.
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