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US financials dip in October sell-off, but Wells Fargo and CME Group buck trend

Last week's swoon in the markets helped push the S&P 500 Financials Index down 4.5% for the year, compared to a 4.4% gain for the S&P 500 as a whole.

As of Oct. 15, 27 of the 50 largest U.S. financial companies by market capitalization were negative for the year.

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So far this month, only Wells Fargo & Co. and CME Group Inc. have posted a positive return, gaining 1.29% and 2.12%, respectively.

The three largest U.S. financial stocks by market cap., JPMorgan Chase & Co., Visa Inc. and Bank of America Corp., have all lost more than 5% this month through Oct. 15.

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