$67.88
-1.65 (-2.37%)
At Close: Jun 03, 2026
More challenges await U.S. banks but analysts think the worst may be over for the year
03:26pm, Friday, 11'th Aug 2023
While a slump in U.S. bank performance is expected to continue for the balance of the year, at least one key metric for banks isn't seen as getting any worse, analysts at Fitch Ratings said in a resea
Could Moody's downgrades be steering banks back into 'doom loop'?
11:29am, Wednesday, 09'th Aug 2023
Regional bank stocks are reacting to Moody's downgrades on small and mid-sized U.S. banks. After banking instabilities led to the closure and consolidation of several regional banks earlier this year,
The banking sector is poised for expense reduction and mergers, says Potomac Wealth's Mark Avallone
02:29pm, Tuesday, 08'th Aug 2023
Mark Avallone, president of Potomac Wealth Advisors, and Jeff Kilburg, CEO of KKM Financial, join 'The Exchange' to discuss stocks falling after the Moody's downgrade, the case for buying regional ban
Bank ETFs head for worst day in 3 months after credit downgrades, warnings rattle sector
12:43pm, Tuesday, 08'th Aug 2023
U.S.-listed exchange-traded funds that buy bank stocks fell on Tuesday, after Moody's Investors Service late said it put a handful of major U.S. banks on review for a possible downgrade and lowered de
Regional bank shares under fire again after credit downgrade, head for worst day in three months
11:26am, Tuesday, 08'th Aug 2023
The SPDR S&P Regional Banking ETF (KRE) fell by more than 3% and was on track for its worst day since May 4.
Where are Americans Parking Money? ETFs in Focus
02:15pm, Thursday, 03'rd Aug 2023
Americans are depositing money back into regional banks in lure of higher rates. Money markets instruments have also been fetching much assets.
5 Top-Performing ETF Areas of July
09:41am, Tuesday, 01'st Aug 2023
The month of July was upbeat for Wall Street with small-caps outperforming big indexes.
Regional bank ETF's massive July jump puts it on pace for strongest month since 2016 after rough ride in 2023
02:30pm, Monday, 31'st Jul 2023
An exchange-traded fund that invests in regional bank stocks is continuing to recover from a bruising fall earlier in 2023, with July setting up to be its biggest monthly gain since 2016.
5 Top-Performing Sector ETFs of July
11:08am, Monday, 31'st Jul 2023
Wall Street is poised to wrap up the month of July with strong gains. The gains were broad-based and well spread out across various segments.
U.S. dollar volume of merger deals drops 31%
07:22am, Friday, 28'th Jul 2023
U.S. merger and acquisition dollar volume is down 31% to $667.6 billion so far in 2023, compared to the year-ago level, the London Stock Exchange Group said late Thursday. Meanwhile, global equity cap
ETF of the Week: SPDR S&P Regional Banking ETF (KRE)
01:48pm, Thursday, 27'th Jul 2023
VettaFi's vice chairman Tom Lydon discussed the SPDR S&P Regional Banking ETF (KRE) on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” For more news, information, an
4 Best-Performing ETFs of Last Week
02:38pm, Tuesday, 25'th Jul 2023
Wall Street delivered a mixed performance last week with the Dow Jones hogging special attention.
U.S. bank lending falls slightly in latest week
05:17pm, Friday, 21'st Jul 2023
The numbers: Commercial and industrial lending — a key driver of economic activity — fell by $2.1 billion to $2.75 trillion in the week ending July 12, the Federal Reserve said Friday.
Regional deposit competition 'very intense' in June as cost of deposits rose: Raymond James' Long
11:34am, Friday, 21'st Jul 2023
David Long, Raymond James analyst, joins 'Squawk on the Street' to discuss Long's view towards regional banks, what investors have learned from regional bank earnings, and more.
This is not a credit driven cycle, it's an income driven cycle, says Unlimited's Bob Elliott
05:15pm, Thursday, 20'th Jul 2023
Bob Elliott, Unlimited CEO, joins 'Closing Bell Overtime' to talk the banking sector, tightening lending standards and more.
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