Bank Stocks Modestly Lower Early Following Trump Victory

Bank stocks are lower following the Trump victory, which brings with it uncertainty and possibly no rate hike in December:

• Financial Select Sector SPDR ETF (NYSE: XLF) -1.8%
• Citigroup (NYSE: C) -1.1%
• JPMorgan (NYSE: JPM) -2.3%
• Wells Fargo (NYSE: WFC) -1.4%
• Goldman Sachs (NYSE: GS) -1.2%
• Bank of America (NYSE: BAC) -0.2%

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