Big Bank Earnings Gave Financials a Lift, But Wall Street Is Still Cautious

The financials sector has not been kind to investors this year. Following a strong 2025 that saw it finish third in the index, the group has been the worst performer among the S&P 500’s 11 sectors so far in 2026, having posted a year-to-date (YTD) loss of nearly 4% (as measured