Morgan Stanley, asset managers hit financials

Posted on November 16, 2011 at 09:54 AM EST

Shares of U.S. financial stocks fell on Wednesday morning with shares of asset managers and other firms that profit from fees seeing some of the biggest losses.

Related Stocks:

American Express Co. Bank of America Corp. DFM BANK IND Franklin Resources, Inc. Invesco Limited JPMorgan Chase & Co. Janus Capital Group, Inc. Morgan Stanley Select Sector SPDR-Financial Standard & Poors 500 Travelers Cos, Inc.

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