3 charts show U.S. bank failures causing stock-market pain beneath the surface

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 97%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

The S&P 500 is treading water despite banking woes. But beneath the surface, signs of equity-market weakness abound.

The S&P 500 has managed to tread water in March despite the collapse of three U.S. banks and lingering worries about deposit flight from other regional lenders. But beneath the surface, signs of equity-market weakness abound.

But the performance of the large-cap S&P 500 doesn’t reflect weakness in small-cap stocks and cyclical names, which haven’t held up nearly as well as the largest U.S. stocks by market capitalization.Keith Lerner, chief market strategist at Truist, illustrated this dichotomy in performance between the biggest U.S.-traded stocks and the rest of the market in a note shared with clients and MarketWatch on Monday.

To wit, gauges of small- and midcap U.S. stocks have fared far worse than the S&P 500 SPX . Through Friday, the S&P 500 was down 0.5% since March 8, according to Truist. But the S&P Midcap 400 index had fallen by 7% during the same period, while the S&P SmallCap 600 index was down 7.4%. Looking ahead, Lerner expects this dichotomy in performance to persist as investors grapple with the increasing likelihood of a recession beginning before the end of 2023.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 3. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

11 stocks in the S&P 500 expected to form an exclusive growth club for investorsAnalysts expect these companies, including Tesla and Nvidia, to excel in three growth areas. 👍👍👍👍👍👍👍👍👍👍👍👍👍👍 Correction: S&P 15 🤡
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

S&P 500 Nears 3-Week High As Bank-Fueled Market Anxiety CalmsStocks gained yet again Monday as badly bleeding bank stocks bounced back and major indexes continued to recover their March losses.
La source: Forbes - 🏆 394. / 53 Lire la suite »