Bank stocks have been falling for the last few weeks, with the S&P Bank Index dropping by more than 5% since the beginning of September. The cause of the decline is not entirely clear, but there are a few possible explanations. The first possibility is that the sell-off is due to concerns about the health […]
Why Are Bank Stocks Down
Bank stocks have been down in recent months, with the S&P Bank Index dropping by about 5% since the beginning of the year. So, what’s behind this sell-off? There are a few factors that may be contributing to the decline in bank stocks. First, interest rates are on the rise, which means that banks’ net […]
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