Midday Market Update: Financials Go Under the Microscope | Page 2 of 2 | ETF Trends

In the commodities world, crude oil fell for the second straight day as the dollar strengthened against the euro and stockpiles dropped 4.73 million barrels to 332.8 million last week.  The decline left inventories 7.9% above the five-year average for the week.  The United States Oil Fund (NYSEArca: USO) was down 1.1% in morning trading.

As for the overall markets, it appears to be a slow trading day. The Dow Jones Industrial Average is up 0.2%, the S&P 500 dropped 0.1% and the Nasdaq gave up 0.1%.

For more stories on financials, visit our financial category.

Kevin Grewal contributed to this article.