They were selective about the stocks they piled into, however, and one they avoided was Stifel Financial (NYSE: SF). This was due almost entirely to the investment bank's first-quarter earnings ...

Investors traded Stifel down by almost 4% in reaction, on a day when the S&P 500 index posted a nearly 2% improvement. For the quarter, Stifel's net revenue came in at just under $1.26 billion ...