Stock Market Update

[BRIEFING.COM] The DJIA (+0.1%) leads the major averages so far, while the S&P 500 and Nasdaq Composite are flat.

The financials sector (+0.3%) is among the top performers after Goldman Sachs (GS 703.00, +0.49, +0.1%), Morgan Stanley (MS 138.60, -2.99, -2.1%), and Bank of America (BAC 45.96, -0.19, -0.4%) all surpassed EPS expectations in their earnings reports. While today's reporters are down modestly, this is likely a sell-the-news reaction following an impressive run. 

Yesterday, Wells Fargo (WFC 79.58, +0.72, +0.92%), JPMorgan Chase (JPM 287.64, +1.09, +0.38%), and BlackRock (BLK 1073.84, +27.68, +2.7%) all finished in the red despite beating earnings reports, though the stocks have made up much of their lost ground today. 

The exception to the trend is Citigroup (C 90.55, -0.17, -0.19%), which is down today after finishing with a healthy 3.7% gain yesterday.