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The US soveriegn debt is unstable. Their gamble in finacial shares is not working. THe market is decresing the value across the board.

Normally, time to buy, but with the corrent US policies, rthe risk of snstability is too high.

The declines in the financial sector came after investors demanded a price so low for Citigroup's secondary share offering that the U.S. government shelved plans to trim its 34% stake in Citigroup, as the Treasury Department would have lost money on the deal. Citigroup, which is not a Dow component, was down 6.4%.

The technology-heavy Nasdaq Composite fell 1%. The Standard & Poor's 500 index declined 0.9%, led by its materials and financial sectors.

The declines in the materials sector came as futures in gold and other metals fell. Crude-oil futures also declined, while the dollar and Treasurys climbed as investors moved toward safer areas of the market. The U.S. Dollar Index, which represents the greenback against a basket of six other currencies, gained 1%.

via Stocks Fall, Led by Financials – WSJ.com.