Updated from 3:03 p.m. EDTFinancial stocks were mixed in trading Tuesday, as investors braced for an onslaught of financial reports as Alcoa ( AA) sets to kick off earnings season after the bell. The NYSE Financial Sector Index closed down 3.6% to 3,015, as investors took profits after a bullish month of trading. But the benchmark's decline was belied by rises in several notable stocks, including Citigroup ( C) and Morgan Stanley ( MS). Citi shares closed up 1.5% to $2.76 and Morgan added a penny to $23.32. Conversely, JPMorgan Chase ( JPM) shed 3.4% to $27.25, Wells Fargo ( WFC) fell 2.6% $14.85 and Bank of America ( BAC) fell 1.6% to $7.36. Goldman Sachs ( GS) closed down 1.1% to $117.90 Goldman, JPMorgan and Citi are among the companies expected to report earnings next week. Shares of Lincoln National ( LNC) jumped 8.2% to $6.89 after the insurer said it had repaid a $500 million debt maturity and plans to repay $200 million of commercial paper as it matures over the next several weeks. Concerns about the company's capital state have battered the stock in recent weeks.