Stock exchange-traded funds lost ground Friday, as the Dow retreated 100 points and large-cap banks such as Citigroup
Bank ETFs were the worst sector in Friday's stock pullback, with shares of Goldman Sachs
Since stocks and commodities seem to take their cues from the U.S. dollar, many traders are trying to determine whether the greenback's rally is simply a technical bounce or a sign that investors are shunning risk. PowerShares DB US Dollar Bullish
Citigroup and JPMorgan Chase led shares of big banks to the downside. Financial Select Sector SPDR Fund
A 4% plunge in Yahoo!
Gregory A. Clay contributed to this article.
More from ETFTrends:
- The All-ETF 401(k) – It's Happening Now
- PowerShares Launches International Corporate Bond ETF
- First Trust Makes a Name for Itself With Top-Performing ETFs
Want to read more about Bank of America, or any other stock or ETF in this story? Add the ticker to My Watchlist, which will deliver all of our Foolish analysis to you.