Stocks are taking a dive.
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Bank of America is getting whacked (BAC, JPM, C)
The Dow and S&P have gone a record 109 days without a 1%+ decline but today that might come to an end.
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The Dow and S&P have gone a record 109 days without a 1%+ decline but today that might come to an end. At 1:04PM EST the Dow and S&P were down .80% and .87%.
Volatility is also popping. technically, implied expectations for volatility in the stock marketVIX index
However, the CBOE Volatility index was up 9.79% at 1:04PM EST.
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Financials are the big losers today. At 1:04PM EST, the XLF financials ETF was down 2.46%.
The big banks are getting hit particularly hard:
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