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Financial Winners and Losers: Goldman

Stock quotes in this article: BAC , ETFC , CME , AIG , GS , WFC  

(Updates share prices throughout.)

Financial stocks sagged along with the wider market Thursday, as a stubbornly high unemployment number dampened traders' spirits ahead of the long weekend.

The market traditionally rallies before closing for the Independence Day holiday, but equities sold off almost 2% Thursday and took the financial sector down with it. The NYSE Financial sector index was dropping 3.6% to 3,778 and the KBW Bank Index was off 3% to 35.10.

Bank of America (BAC Quote) and Wells Fargo (WFC Quote) said they would accept warrants issued by California through July 10, as the state wrangles with a budget crisis. The state has been unable to come up with a budget leaving IOU's as an alternative to making payments. While other banks are waiting to make a decision, BofA and Wells said they will temporarily accept the warrants as deposits at its branches. BofA shares were off 3.1% to $12.64 and Wells Fargo stock was giving back 4.4% to $23.08. ...

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