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CNBC Stock Blog
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Financials account for some 12 percent of the S&P 500 — but 30 percent of the decline Wednesday. So who's the worst of the worst?
- JPMorgan Chase [JPM
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] alone accounts for 10 percent of the Dow's decline.
- while JPM, Bank of America [BAC
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], Citigroup [C
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] and General Electric [GE
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] account for 26 percent of the Dow's 218 point drop (as of this writing)...
Interestingly — and reflective of how beaten down C and BAC are — IBM [IBM
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] is hurting the index almost twice as much as BAC is today...
...and United Technologies [UTX
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] is having a 20 percent bigger impact on the Dow than Citigroup — and C & BAC are each down more than 10 percent.
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Data is a real-time snapshot *Data is delayed at least 15 minutes