Investors aren't holding their breaths as banks kick off the third-quarter earnings season in earnest Friday. However, analysts expect some names in the space to shine. Banks have suffered as interest rates linger at higher levels for longer, making the cost of borrowing money more expensive. A looming recession could also reduce loan demand and consumer spending as well as make it harder for borrowers to repay outstanding loans.
Outperforming other financials, measured by screening for stocks down less than the 3% the Financial Select Sector SPDR Fund has shed in the last three months. KeyCorp has the most upside potential out of the three names on the list, with analysts expecting the Cleveland-based regional bank to surge 20% in the next 12 months. The stock has struggled this year, plunging more than 40%.
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้
Stock market today: Asian shares rise after eased pressure on bonds pushes Wall Street higherShares are higher in Asia, tracking Wall Street gains following an easing of pressure from the bond market. U.S. futures slipped and oil prices rose slightly. Investor sentiment got a boost from a report by Bloomberg, citing unnamed sources, that the Chinese government is considering boosting spending on construction to support the slowing economy. On Tuesday, the S&P 500 rose 0.5% and the Dow added 0.4%. The Nasdaq composite climbed 0.6%. Treasury yields eased considerably after trading resumed
แหล่ง: AP - 🏆 728. / 51 อ่านเพิ่มเติม »
Birkenstock set for its stock market debut as Wall Street trades in its wingtips for sandalsBirkenstock is making its debut on the stock market as Wall Street trades in its wingtips for sandals for a day.
แหล่ง: ksatnews - 🏆 442. / 53 อ่านเพิ่มเติม »
Birkenstock set for its stock market debut as Wall Street trades in its wingtips for sandalsBirkenstock is making its debut on the stock market as Wall Street trades in its wingtips for sandals for a day.
แหล่ง: wjxt4 - 🏆 246. / 63 อ่านเพิ่มเติม »