Financial sector gains behind bank earnings

|By:, SA News Editor

Yesterday it was Citigroup and today it's JPMorgan and Goldman, but the big banks - having done a good job of setting the bar pretty low for Q2 results - continue to handily beat estimates.

With the major averages in the red, the XLF is ahead 0.45%, led by a 3.8% gain for JPMorgan. Goldman is ahead 0.9%, Citigroup 1.6%, and Bank of America (which reports tomorrow) is up 1.1%.

Previously: JPMorgan +2.5% as earnings call gets underway

Previously: Goldman +1.7% after scorching estimates

ETFs: XLF, FAS, FAZ, UYG, VFH, IYF, IAI, SEF, IYG, FXO, FNCL, FINU, KCE, RWW, RYF, KBWC, FINZ