The VIX index is heading lower as well. It is also trading at levels not seen since August.
iShares Dow Jones U.S. Broker-Dealers Index Fund (IAI) -1.5%
A number of financial-related ETFs are taking hits during the middle of the week. The broker-dealer-focused IAI is leading the retreat, however. Although losses can be seen from many of the fund's top holdings, companies such as Jeffries Group (JEF), CME Group (CME) and Charles Schwab (SCHW) appear to be the biggest losers.
All prices as of 2:15 PM EST