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 more next week. Regional banks were top of mind for investors this past week, as First Republic failed , the SPDR S & P Regional Banking ETF tumbled more than 10% — twice the five-day loss in the S & P 500 Energy Index, the hardest hit S & P sector — and lenders such as PacWest Bancorp and Western Alliance Bancorp lost billions in market value.

Small Business Index Earnings : Waters, Catalent, Air Products & Chemicals, Fox Corp., International Flavors & Fragrances, Duke Energy, Henry Schein, Jacobs Solutions, Ventas, Devon Energy, TransDigm, Akamai, Axon Enterprise, Electronic Arts, Occidental Petroleum Wednesday 8:30 a.m. CPI Earnings : Celanese, Lincoln National, Disney Thursday 8:30 a.m. PPI 8:30 a.m. Initial jobless claims Earnings : Tapestry, PerkinElmer, Charles River Laboratories, Steris, Gen Digital Friday 8:30 a.m.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

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

Stock market today: Wall Street sinks as bank fears flareAsian stocks have risen while Europe markets opened lower after the Federal Reserve raised its benchmark lending rate again to cool inflation and said it wasn’t sure what may come next.
Source: KPRC2 - 🏆 80. / 68 Read more »

Stock market today: Wall Street bounces ahead of jobs reportGlobal stock markets were mostly higher Friday ahead of a U.S. jobs update amid worries about the health of banks under pressure from interest rate hikes.
Source: wjxt4 - 🏆 246. / 63 Read more »