Nikada/E+ via Getty Images
In this week’s earnings recap, 19 companies belonging to the S&P 500 financial sector (NYSEARCA:XLF) reported their earnings for the period ended March.
In the first quarter, XLF had advanced 3.2%, as compared to SPY’s fall of 4.3%. QTD, XLF has fallen 3%, as compared to SPY’s 2.6% fall.