NEW YORK ( TheStreet) -- Financial stocks retreated on Friday, taking a page out of the broader market, which was falling on concerns that China was looking to slow its economic growth.
There were few winners in the financial sector Friday. The Financial Select Sector SPDR (XLF) slumped 1.7% to $14.93.
Shares of the biggest four U.S. banks -- Bank of America (BAC), Citigroup (C), JPMorgan Chase (JPM) and Wells Fargo (WFC) - fell between 1% and 3%. Wells Fargo's shares were dipping 2.7% to $27.55 at last check.
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