The financial sector gained 26% in the months following the election of Donald Trump on his plans to roll back regulations. The stand out performer in the space was none other than Goldman Sachs, which soared 32% from election night until the end of the year.
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Goldman Sachs is among the worst performing stocks in the Dow so far this year (GS, JPM)
Shares fell about 4% in the first quarter.
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However, the momentum in the financial sector began slowing as it appeared Trump might not be able to get things done as quickly as he wanted. The S&P 500 Financial Index fell about 5% during March.
That weighed on Goldman Sachs, which is set to end the first quarter of 2017 in negative territory, down about 4%. The bank is the fifth-worst performing stock in the Dow.
Meanwhile, rival JPMorgan fared a bit better, but was still among the worst performers in the Dow. Its stock eked out a gain of about 2%, which is about half of the Dow's gains during the quarter. Other laggards include Intel Corp, which has seen a -0.4%, and energy stocks such as Chevron and Exxon Mobil which lost about 9% apiece.
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Data for this story were collected at approximately 12:30 PM Eastern time.
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