Stock Market Update

[BRIEFING.COM] The Nasdaq Composite trades fractionally lower at its session low after some mega caps deteriorated. The S&P 500 trades fractionally lower also and the Dow Jones Industrial Average sports a 0.1% gain while the Russell 2000 still outperforms, showing a 1.1% gain. 

Regional bank components have boosted the Russell 2000 in front of earnings reports from the financial sector this week. The outperformance of bank stocks has also boosted the SPDR S&P Regional Banking ETF (KRE), which trades 1.9% higher, and the SPDR S&P Bank ETF (KBE), which trades 2.0% higher.

The S&P 500 financial sector sports a 0.5% gain with most components trading up. JPMorgan Chase (JPM 245.03, +0.82, +0.3%), Wells Fargo (WFC 70.82, +0.32, +0.5%), Citigroup (C 73.55, +0.78, +1.0%), Goldman Sachs (GS 569.13, +7.13, +1.3%), BlackRock (BLK 960.10, +5.09, +0.5%), and BNY Mellon (BK 76.20, +0.09, +0.1%) all trade up in front of their earnings report tomorrow morning.