Bank stocks fall again in fourth straight day of losses

Canada News News

Bank stocks fall again in fourth straight day of losses
Canada Canada Latest News,Canada Canada Headlines

Bank stocks are down on Thursday for the fourth straight day amid talk of higher interest rates and increased capital requirements by regulators to...

Bank stocks are down on Thursday for the fourth straight day amid talk of higher interest rates and increased capital requirements by regulators to strengthen the banking system. Eighty-eight out of 89 components of the SPDR S&P Bank ETF KBE are down, while the overall index is lower by 2.4%. One-hundred thirty-eight out of 139 components of the SPDR S&P Regional Banking Index KRE are down while the overall index is lower by 2.7%.

Bank stocks are down on Thursday for the fourth straight day amid talk of higher interest rates and increased capital requirements by regulators to strengthen the banking system. Eighty-eight out of 89 components of the SPDR S&P Bank ETF KBE are down, while the overall index is lower by 2.4%. One-hundred thirty-eight out of 139 components of the SPDR S&P Regional Banking Index KRE are down while the overall index is lower by 2.7%.

 

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bank of America warns of major sell-off in stock marketBank of America warns of major sell-off in stock marketBank of America cautions about a major sell-off in the stock market as jobless claims remained stable last week.
Read more »



Render Time: 2025-01-09 11:58:09