Reported about 12 hours ago
The KBW Nasdaq Bank Index has rebounded from setbacks experienced on Liberation Day, approaching pre-April highs as investor sentiment improves. Factors like easing recession fears and discussions around deregulation have contributed to this recovery. Notably, major U.S. banks recently passed their annual stress tests, indicating strong capital positions. Analysts are keenly observing the upcoming earnings season and potential impacts from tariffs and deregulation on the banking sector.
Source: YAHOO