Financials Lagging (JPM, GS, C, WFC, BAC, XLF)

Despite strong moves higher in the broader market averages, financials are largely not participating today. The Financial Select Sector SPDR ETF XLF is flat on the session, and most of the major banks are in negative territory. Today's move higher may be in jeopardy if the financial stocks cannot gain any traction next week. J.P. Morgan JPM shares have fallen 0.84% to $39.19. Citigroup C is down 0.60% to $4.16 Wells Fargo WFC is o.42% lower on the session at $25.89 Bank of America BAC has lost 1.24% to $13.15 Goldman Sachs GS is the exception, gaining 1.24% to $153.00
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Posted In: Sector ETFsIntraday UpdateMoversETFsDiversified BanksFinancialsInvestment Banking & BrokerageOther Diversified Financial Services
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