Analyst resets bank stocks forecast ahead of earnings
U.S. bank stocks could be poised to deliver solid early-year gains, according to data from Bank of America, as investors ...
Financial Stocks Wells Fargo, Jefferies, and Blackstone Are Falling After a Hot Jobs Report
A hotter-than-expected December jobs report sent the Dow Jones Industrial Average tumbling by more than 600 points (1.5%) on Friday morning as U.S. Treasury yields continued to rise and inflation ...
ETFs that buy bank stocks slump more than S&P 500
Shares of exchange-traded funds that invest in bank stocks were under pressure Friday, as Treasury yields broadly climbed. The SPDR S&P Bank ETF, which tracks an equal-weighted index of banking stocks ...
Why the blowout jobs report is tanking stocks and sending yields spiking
"Markets tried to front-run the Fed on the level of interest rates and are now paying the price," Jamie Cox of Harris ...
Bank Stocks Surge After Fed’s Barr Steps Down From Vice Chair of Supervision Role
His decision to step down was fueled, in part, by the fact that a “risk of a dispute over the position” could be a ...
Why bank stocks care that Michael Barr is stepping down as top Fed banking cop
Michael Barr, vice chair for supervision for the Federal Reserve and the leader of the U.S. effort behind the so-called Basel ...
Bank of America Securities Sticks to Its Hold Rating for Valero Energy (VLO)
In a report released today, Jean Ann Salisbury from Bank of America Securities maintained a Hold rating on Valero Energy (VLO – Research ...
Market Factors: Successful trading strategies for bank stocks
The bank sector’s 21.8 per cent total return in 2024 outperformed the S&P/TSX Composite by an infinitesimal 10 basis points.