🏦 Goldman Sachs Slides as M&A Outlook Fails to Lift Sentiment, JPM Shares Drift Lower | Financials Sector Insight
(XLF) fell 1.3% as financials underperformed other major sectors, which saw gains in Energy, Technology, and Consumer Staples. Market breadth within the sector deteriorated sharply, with declining stocks significantly outnumbering advancers, pushing XLF to a new year low.