Bank stocks led the market lower today, as the KBW Banking Index fell 3.83% and the KBW Regional Banking Index fell 3.62%. The broader S&P 500 Index was down 0.83%.

The Bank Index was led by SunTrust, Regions Financial Corporation, and Capital One, which were down 8.10%, 7.24%, and 7.24%, respectively.  Leading the Regional Banking Index lower were F.N.B. Corporation, Frontier Financial Corporation, and Sterling Financial Corporation, which were down 11.04%, 10.83%, and 8.98%, respectively.