Bank and financial stocks were generally lower Friday after leading financial institutions reported their latest quarterly results. (There’s a round-up of our bank earnings coverage here.)
Citigroup was down more than 1%.
Wells Fargo and Bank of America also moved lower, with both companies’ shares off more than 2%.
BlackRock shares dipped.
The KBW Nasdaq Bank Index was down more than 1%. The S&P 500’s financial sector also slipped, underperforming the broader index.
Read More: Bank Stocks Dip After Earnings Roll In