Stocks surged today after the Federal Reserve slashed the federal funds rate to a target range of zero to 0.25%, the lowest level in history. The KBW Banking Index rose 10.38% and the KBW Regional Banking Index rose 8.09%. The broader S&P 500 Index was up 5.14%.
Bank stocks declined today, as the KBW Banking Index fell 4.08% and the KBW Regional Banking Index fell 2.85%. The broader S&P 500 Index was down 1.27%.
Bank stocks increased today, as the KBW Banking Index rose 1.50% and the KBW Regional Banking Index rose 4.08%. The broader S&P 500 Index was up 0.70%.
Stocks declined sharply today on concern that a bill to bail out automakers may not be passed by the Senate. The KBW Banking Index fell 8.96% and the KBW Regional Banking Index fell 6.75%. The broader S&P 500 Index was down 2.85%.
Bank stocks were mixed today, as the KBW Banking Index declined 1.04% and the KBW Regional Banking Index rose 0.77%. The broader S&P 500 Index was up 1.19%.
Bank stocks declined today, as the KBW Banking Index fell 5.41% and the KBW Regional Banking Index fell 5.69%. The broader S&P 500 Index was down 2.31%.
Stocks began the week on a positive note, as the KBW Banking Index rose 5.52% and the KBW Regional Banking Index rose 1.82%. The broader S&P 500 Index was up 3.84%.