Friday's Financial Winners & Losers

Updated from 2:24 p.m. EST with new stock prices

Financial stocks were hit harder than most on Friday amid poor employment data that put the market in a generally somber mood.

The NYSE Financial Sector Index underperformed both the Dow Jones Industrial Average and the S&P 500 with a 2.8% slide to 7,893.94, in part thanks to more woes at Citigroup (C Quote).

Keefe Bruyette analyst Diane Merdian estimated a more than 50% likelihood that the New York banking giant will cut its dividend, and she also amped up fourth-quarter expectations for mortgage-related writedowns at between $15 billion and $16 billion vs. the prior estimate of $11 billion. That should pressure a quarterly loss of $1.16 a share, said Merdian. ...