* Goldman Sachs, Citigroup fall after results
* Nike gains after Tiger Woods' Masters win
* Financials post first drop in four sessions
By Amy Caren Daniel
April 15 (Reuters) - Wall Street's main indexes fell onMonday, pulling back from a rally in the prior session that tookthe S&P 500 within striking distance of its September recordclose, as lackluster results from Goldman Sachs and Citigrouppressured financial stocks.
Goldman Sachs Group IncGS.N fell 3.2% and Citigroup IncC.N dipped 0.9% after both Wall Street banks missed revenueestimates.
The financial sector .SPSY slipped 0.47%, its first dropin four sessions, while the S&P banking index .SPXBK fell0.69%.
"With less-than-stellar Goldman results, despite thebottom-line beat, it's not necessarily surprising to seefinancials pulling back a little bit," said Michael James,managing director of equity trading at Wedbush Securities in LosAngeles.
"Earnings and guidance need to be better than estimates forthe market strength to continue given the levels we are at now."
Monday's results are in contrast to JPMorgan Chase'sJPM.N upbeat earnings on Friday that eased fears of first-quarterearnings season slamming the brakes on Wall Street's big rallyback from last year's slump. The benchmark S&P 500 index .SPX is just 1% away from its September record closing high.
On the trade discussions, Reuters reported that U.S.negotiators have tempered demands that China curb industrialsubsidies as a condition for a trade deal, while TreasurySecretary Steven Mnuchin said he hoped the talks wereapproaching a final lap.
At 10:54 a.m. ET, the Dow Jones Industrial Average .DJI was down 61.01 points, or 0.23%, at 26,351.29. The S&P 500 .SPX was down 8.11 points, or 0.28%, at 2,899.30 and theNasdaq Composite .IXIC was down 39.52 points, or 0.49%, at7,944.65.
Of the 33 S&P 500 companies that have reported results sofar, 81.8% have surpassed first-quarter earnings estimate, abovethe average of past four quarters, according to Refinitiv data.
Analysts expect S&P 500 companies to show a 2.1%year-on-year decline in earnings, their first annual contractionsince 2016.
In a bright spot, the healthcare sector .SPXHC rose 0.1%,bouncing back from a rough week, led by a 2% gain inUnitedHealth Group IncUNH.N , CVS Health CorpCVS.N andAnthem Inc ANTM.N .
Waste Management IncWM.N rose 1.6% after the company saidit would buy smaller rival Advanced Disposal Services IncADSW.N for about $3 billion. Advanced Disposal Services jumped19 percent.
Boeing CoBA.N fell 0.7% as Brand consultancy firm BrandFinance said negative publicity over the grounding of theplanemaker's 737 MAX jet is set to wipe $12 billion off thecompany's brand value.
Nike IncNKE.N rose 0.4% after long-time brand ambassadorTiger Woods won the Masters title, ending an 11-year major titledrought.
Declining issues outnumbered advancers for a 1.37-to-1 ratioon the NYSE and for a 1.81-to-1 ratio on the Nasdaq.
The S&P index recorded 51 new 52-week highs and one new low,while the Nasdaq recorded 59 new highs and 25 new lows. (Reporting by Amy Caren Daniel and Sruthi Shankar in Bengaluru;Editing by Sriraj Kalluvila) ((Amy.CarenDaniel@thomsonreuters.com ; within U.S.+1-646-223-8780; outside U.S. +91 80 6749 9250 ; ReutersMessaging: Amy.CarenDaniel.firstname.lastname@example.org;))