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Current DateTime: 11:26:45 29 Nov 2009
LinksList Documentid: 30328029

CNBC Stock Blog

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Nov.19
3:21 PM ET

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?

Matt Nesto, CNBC Reporter

Matt Nesto
CNBC Reporter

- JPMorgan Chase [JPM  Loading...      ()   ] alone accounts for 10 percent of the Dow's decline.

- while JPM, Bank of America [BAC  Loading...      ()   ], Citigroup [C  Loading...      ()   ] and General Electric [GE  Loading...      ()   ] 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  Loading...      ()   ] is hurting the index almost twice as much as BAC is today...

...and United Technologies [UTX  Loading...      ()   ] 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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Current DateTime: 01:04:03 29 Nov 2009
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