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Bank of America, JPMorgan stocks drop as bank sector suffers broad beating

Por: MarketWatch Politics October 27, 2023

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The SPDR S&P Bank ETF slid 2.6% and the SPDR S&P Regional Banking ETF sank 2.7%. In comparison, the S&P 500 index fell 0.4% while the Nasdaq Composite rallied 0.4%. Also read: . J.P. Morgan analyst Vivek Juneja wrote that while the recent weakness in the sector may appear to have made valuations attractive, he recommended investors stay on the sidelines given “uncertainty about the economic outlook” the implications of “higher for... + full article



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