✉news BusinessBanking first seen 23 h ago, last 23 h ago, peak #37
Bank Stocks Lagging the S&P 500 by Most Since 1990
Original: Bank Stocks Are Lagging the S&P 500 by the Most Since 1990
Bank stocks are underperforming the broader S&P 500 by the widest margin since 1990, according to a 24/7 Wall St. report. The gap highlights investor caution toward the financial sector even as the broader market holds up. Commentators point to weak sentiment around banks as a standout divergence in this market cycle.
Why now: The historic scale of the underperformance gap is drawing attention to weakness in the banking sector.
Evidence
- Bank Stocks Are Lagging the S&P 500 by the Most Since 1990 · 24/7 Wall St.
API: https://socialmediatrends-api.osmike.com/v1/trends/763713