Market Selloff Hits Financial Stocks. Why Banks, Brokerages Are Caught in the Crossfire. — Barrons.com

By Andrew WelschIndividual investors dumped financial stocks on Thursday, dragging down shares of major brokerage firms and banks such as Robinhood, Webull, and other companies.Robinhood's stock plunged 11.5% and Webull dropped 9%. Rivals etoro and Interactive Brokers were down 5.6% and 6.2%, respe…