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Wells Fargo
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- 1Financials slide as investors rotate into technology stocks▼Financials slump amid sector rotation into technology; Wells Fargo, Morgan Stanley in week's losers
Financial stocks fell this week as investors shifted money into technology shares, with Wells Fargo and Morgan Stanley among the sector's biggest weekly losers. The rotation marks a move away from banks and financial names that had recently held up better, with traders repositioning as market leadership turns back toward tech.