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Tickers in this Article: GS, MAIN, COF, SBNY, AXS, MOH, WRB
The market is having a good day so far: the Nasdaq has risen 1.1%; the S&P 500 is up 0.8%; and the Dow has climbed 0.6%. The financial sector is the category of stocks containing firms that provide financial services to commercial and retail customers. This sector includes banks, investment funds, insurance companies and real estate. Financial services perform best in low interest rate environments. A large portion of this sector generates revenue from mortgages and loans, which gain value as interest rates drop. Furthermore, when the business cycle is in an upswing, the financial sector benefits from additional investments. Improved economic conditions usually lead to more capital projects and increased personal investing. New projects require financing, which usually leads to a larger number of loans.

The Financial sector (XLF) is up 1.3%, outperforming the market overall. The biggest movers in the sector so far are:
CompanyMarket CapPercentage Change
Goldman Sachs (NYSE:GS)$58.03 billion+3.1%
Main Street (NYSE:MAIN)$942.1 million-2%
Capital One (NYSE:COF)$33.74 billion+2%
Signature (Nasdaq:SBNY)$3.21 billion+1.9%
Axis Capital (NYSE:AXS)$4.38 billion-1.8%
Molina Healthcare (NYSE:MOH)$1.33 billion-1.8%
W.R (NYSE:WRB)$5.36 billion-1.4%
Investopedia Markets: Explore the best one-stop source for financial news

Goldman Sachs (NYSE:GS) has moved up 3.1% and is currently trading at $127.32 per share. So far today, 3.3 million shares have changed hands,.

After a decline of 2%, Main Street (NYSE:MAIN) has hit a share price of $29.15. The company's volume for the day so far is 115,491 shares. This is 0.2 times its average volume over the past three months.

Rising 2%, Capital One (NYSE:COF) is currently trading at $59.18 per share. The company's volume for the day so far is 1.5 million shares.

Increasing 1.9%, Signature (Nasdaq:SBNY) is trading at $70.51 per share. So far today, the company's volume is 55,463 shares, 0.2 times the average daily volume.

At $35.18, Axis Capital (NYSE:AXS) has slipped 1.8%. So far today, 475,642 shares of the company's stock have changed hands.

Slipping 1.8%, Molina Healthcare (NYSE:MOH) is currently trading at $28 per share. At 84,351 shares, the company's volume so far today is 0.2 times the current three-month average.

W.R (NYSE:WRB) has decreased to $38.97 per share, a 1.4% fall. This morning, the company is trading a volume of 239,550 shares.

The Bottom Line The nature of the market is such that stocks will have good days and bad days. Daily stock performance should be weighed against historical performance and put in context of the market overall. However, these fundamental metrics must be analyzed with historic data, industry information in addition to firm specific financial statements.

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