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MarketBeat
MarketBeat
Jessica Mitacek

Big Bank Earnings Gave Financials a Lift, But Wall Street Is Still Cautious

GS Citigroup Wells Fargo JPMorgan David Solomon Goldman Sachs JPM MarketBeat

The financials sector has not been kind to investors this year.

Following a strong 2025 that saw it finish third in the index, the group has been the worst performer among the S&P 500’s 11 sectors so far in 2026, having posted a year-to-date (YTD) loss of nearly 4% (as measured by theFinancial Select Sector SPDR Fund (NYSEARCA: XLF)).

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