Wall St Week Ahead: US bank stocks falter as recession worries take hold
16 December (Reuters) US bank stock prices are falling in December as concerns about an impending recession and declining profit margins reduce investor interest in the sector. When compared to the wider index (.SPX), which down 5.5% over the same time period, the S&P 500 banking index (.SPXBK) has fallen around 11% this month. Shares … Read more