The stock market started out Tuesday on a mixed note, with major market benchmarks recovering early losses that followed news of continued inflationary pressure. As of 10 a.m. EDT, the Dow Jones Industrial Average (DJINDICES: ^DJI) was down 25 points to 34,971. The S&P 500 (SNPINDEX: ^GSPC) dropped one point to 4,383, but the Nasdaq Composite (NASDAQINDEX: ^IXIC) managed to rise by 11 points to 14,745. The first set of earnings reports from bank stocks came out on Tuesday morning, and investors didn't have a huge reaction to any of what they heard. Nevertheless, it's a reasonable question to ask whether major financial stocks like Goldman Sachs (NYSE: GS) and JPMorgan Chase (NYSE: JPM) can help investors fight against building inflationary pressures and generate gains. If the bull market is to continue, it'll need support from financials and other areas of the market that haven't played as large a leadership role over the past year. Image source: Getty Images. Growth from Goldman Goldman Sachs shares were down almost 2% on Tuesday morning. The investment-banking giant reported solid second-quarter financial results, but investors didn't see enough to justify further stock-price gains after a significant advance over the past week. Net revenue at Goldman was up 16% year over year, with gains concentrated in the company's investment banking, asset management, and consumer and wealth-management segments. Only the global-markets segment showed weaker results, having followed an especially strong period for the fixed income, currency, and commodities arena in the second quarter of 2020. Assets under supervision climbed above the $2.3 trillion mark. Net income rocketed higher for Goldman Sachs. Earnings of $15.02 per share compared with just $0.53 per share a year ago, and the figure crushed the $10.23 per share consensus forecast among those following the stock. Goldman shared its success with shareholders by boosting its quarterly dividend by 60%, setting the new payout at $2 per share. Even with that generous move, the increase will only take Goldman's dividend yield up to about 2.1%. JPMorgan keeps executing Meanwhile, shares of JPMorgan Chase saw similar declines of between 1.5% and 2%. The bank's second-quarter report included plenty of good news, but again, the disconnect between higher inflation and lower yields on Treasuries weighed on investor sentiment. JPMorgan's headline numbers were mixed. The bank's managed-revenue figure was down $2.4 billion from year-ago levels, coming in at $31.4 billion. However, net income jumped more than 60% to $11.9 billion, and that produced earnings of $3.78 per share. That number was well ahead of the $2.40 per share JPMorgan earned in the second quarter of 2020 and dramatically exceeded expectations among those following the stock. JPMorgan's bottom line benefited from a $3 billion release of loan-loss reserves. Revenue from consumer and community banking held up well, as did commercial banking and asset and wealth management. However, a sizable slowdown in activity in JPMorgan's corporate and investment banking unit weighed on results. High expectations for bank stocks could explain the drop in their stocks Tuesday morning despite solid results. Yet the bigger worry seems to be that the yield curve isn't reflecting any response to rising inflation, and that could weigh on the ability of Goldman, JPMorgan, and others to boost net interest income to produce long-awaited profit growth. Unless conditions in the bond market change, it'll prove difficult for bank stocks to help investors fight against inflation. 10 stocks we like better than Goldman SachsWhen our award-winning analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Goldman Sachs wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 7, 2021 JPMorgan Chase is an advertising partner of The Ascent, a Motley Fool company. Dan Caplinger owns shares of JPMorgan Chase. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Source