Bank Stock Roundup - February 18, 2009
Bank stocks declined today, as the KBW Banking Index fell 0.30% and the KBW Regional Banking Index fell 1.68%. The broader S&P 500 Index was down 0.10%.
Bank stocks declined today, as the KBW Banking Index fell 0.30% and the KBW Regional Banking Index fell 1.68%. The broader S&P 500 Index was down 0.10%.
Pessimism hung over the market today, as the KBW Banking Index fell 10.03% and the KBW Regional Banking Index fell 6.19%. The broader S&P 500 Index was down 4.56%.
Stocks declined today, as uncertainty surrounding the government’s economic plans continued to plague the market. The KBW Banking Index fell 5.30% and the KBW Regional Banking Index fell 3.87%. The broader S&P 500 Index was down 1.00%.
Bank stocks underperformed the market today despite a report that the government is working on a plan to subsidize mortgage payments for some borrowers. The KBW Banking Index fell 2.75% and the KBW Regional Banking Index fell 1.31%. The broader S&P 500 Index was up 0.17%.
Bank stocks increased today on news that lawmakers have reached a deal on the economic stimulus plan. The KBW Banking Index rose 6.02% and the KBW Regional Banking Index rose 2.50%. The broader S&P 500 Index was up 0.80%.
Stocks plunged today after the government released its latest plan to help the struggling banking sector. The KBW Banking Index fell 13.85% and the KBW Regional Banking Index fell 8.92%. The S&P 500 Index was down 4.91%.
Stocks soared today on optimism surrounding the government’s stimulus and bank rescue plans. The KBW Banking Index rose 11.94% and the KBW Regional Banking Index rose 8.21%. The broader S&P 500 Index was up 2.69%.