When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
XLF - Here's Why Affiliated Managers Group Plunged on Monday
SPDR Select Sector Fund - Financial
The stock market suffered one of its worst declines in years on Monday, with the Dow Jones Industrial Average and S&P 500 both falling by more than 7%.
The financial sector was particularly hard-hit, with the Financial Select Sector SPDR ETF(NYSEMKT: XLF) falling by nearly 11% in Monday's dramatic market plunge. So it shouldn't be a big surprise that asset management firm Affiliated Managers Group(NYSE: AMG) was in the same boat.