By John Spence
BOSTON (MarketWatch) -- The Financial Select Sector SPDR Fund (XLF 13.31, -0.20, -1.48%) was down 0.7% at Wednesday's open after the Commerce Department said durable-goods orders gained 0.3% in July, which fell short of expectations. The financial-sector ETF had fallen the previous four sessions and is off 9% so far in August. Among active large-cap bank stocks Wednesday, Citigroup Inc. (C 3.66, -0.05, -1.41%) slipped 1.4% and Bank of America Corp. (BAC 12.46, -0.18, -1.43%) was off 0.7%.
