Banks Among Worst Performers

Bank stocks, which are among the most beaten up groups this year, were pressured Thursday morning amid softness in broader markets. Decliners included the usual suspects Bank of America (NYSE: BAC) and Citigroup (NYSE: C), with weakness also hitting Morgan Stanley (NYSE: MS), KeyCorp (NYSE: KEY), Wells Fargo (NYSE: WFC), JPMorgan (NYSE: JPM) and Goldman Sachs (NYSE: GS).

KBW Nasdaq Bank Index declined 1.4%, underperforming the S&P 500 which declined 0.4%.

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