Stocks declined, reversing earlier gains as bank shares weighed after Wells Fargo's results, though better than forecast, triggered concern about sector revenues.

The Dow Jones industrial average dipped 2.69 points, or 0.02 percent, to 13,323.70. The S&P 500 dropped 6.06 points, or 0.42 percent, to 1,426.78. The Nasdaq Composite slipped 8.22 points, or 0.27 percent, to 3,041.19.

(Reporting by Rodrigo Campos; Editing by Jan Paschal)