Bank stocks are having their worst losing streak since the 2008 crisis #BankStocks #FinancialCrisis

Bank stocks are having their worst losing streak since the 2008 crisis #BankStocks #FinancialCrisis
I invest in banks for the same reason I dislike them: the structure guarantees they're never allowed to fail. When Mr. Market panics over headlines, I check whether the math still works. This week it did. #BankStocks #ValueInvest…
https://www.beatingthetide.com/p/september-pick-update-fine-q3-rates
Bank of America shares fell around 5%–6% after weaker earnings and a $1.2 billion regulatory penalty weighed on sentiment.
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#StockMarket #BankStocks #JPMorgan #FinancialStocks #MarketAnalysis
The STOXX 600 rose 0.65% for a second straight gain, helped by a 1.7% rally in bank shares.
Markets are turning to bank earnings and Wednesday’s CPI report, with JPMorgan, Goldman Sachs and Bank of America in focus.
Brazil’s Ibovespa hit a record 209,067 as post-election optimism fueled banking gains and stronger foreign interest.
Q3 earnings season begins with major U.S. banks in focus. Investors will be watching whether profits can justify elevated stock valuations.
European bank stocks fell to a three-month low as wider bond spreads and economic concerns outweighed support from higher interest margins.
Are tech and banks taking the lead in Europe?
The STOXX 600 gained 1% as semiconductor shares rallied and stronger bank guidance supported financial stocks.
#STOXX600 #EuropeanTech #BankStocks #Semiconductors #EuropeanStocks #MarketNews