Shares of diversified financial services companies took another beating on Wednesday as crude oil prices continued to surge with few signs of hitting a ceiling.
Oil prices jumped to $133 a barrel for the first time on the futures market Wednesday. Investors were further rattled after minutes from last month's Federal Reserve meeting showed that the central bank is unlikely to cut rates again due to worries about inflation.
Here is a look at how shares of some diversified financial companies fared on Wednesday:
Citigroup Inc., down $1.05, or 4.8 percent, to $21.06.
Bank of America Corp., down 76 cents, or 2.2 percent, to $34.63.
JPMorgan Chase & Co., down $1.28, or 2.9 percent, to $42.42.
CIT Group Inc., down 65 cents, or 5.6 percent, to $10.98.
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