Wells Fargo Sell-Off Weighs on Bank ETFs
April 20, 2011 at 10:17 AM EDT
Exchange traded funds (ETFs) that invest in U.S. banks were slightly negative early Wednesday as a surge in the equity indexes was offset by weakness in Wells Fargo (NYSEArca: WFC) shares after the lender reported lower quarterly revenue. Wells Fargo shares were down more than 4% in morning trade....