Shares of U.S. financial companies have negatively responded to the flood of recent earnings reports for the sector, mirroring the market’s subdued sentiment due to geopolitical threats. The Financial Select Sector SPDR Fund (NYSE:XLF) fell 0.68% Tuesday in its fourth straight day of losses. The sector gauge has broken below its 50-day moving average and closed at the lowest level in nearly two months. Regional banks, as tracked by the SPDR S&P Regional Banking ETF (NYSE:KRE), fell 1.27% to the lowest closing price since late November 2023. Regional bank stocks are testing the long-term moving average support level. Chart: US Financial Stocks Fall Below 50-Day Average