Bank stocks could be due for a rally, if history repeats itself. Stocks in the sector have underperformed the S & P
Tag: SPDR S&P Regional Banking ETF
PacWest stock jumps 80% as regional banks rebound on Friday, but still down sharply for the week
Traders work on the floor of the New York Stock Exchange (NYSE), May 3, 2023. Brendan McDermid | Reuters Stock Chart IconStock
Regional bank stocks could be a market afterthought in the week ahead
For the immediate economic and earnings and growth outlook, it almost seems irrelevant whether regional bank stocks rally, steady or sell off
Regional banks fall; PacWest down 40%
Traders work on the floor of the New York Stock Exchange on April 26, 2023 in New York City. Michael M. Santiago
PacWest falls 50% after hours on report bank is weighing sale
A Pacific Western Bank branch in Los Angeles, California, US, on Friday, March 10, 2023. Eric Thayer | Bloomberg | Getty Images
One of the best ways to figure out what the Fed will do next is to look at regional bank stocks
Federal Reserve Board Chair Jerome Powell speaks at a news conference following a two-day meeting of the Federal Open Market Committee, Wednesday,
Financials may get more love amid sustained higher interest rates
Credit card providers are benefitting from post-pandemic travel and increasing card usage in general, with balances way up in recent months. Valentinrussanov
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