56.01 0.00 (0.01%)
After hours: 4:00PM EST
|Bid||55.95 x 300|
|Ask||56.05 x 1000|
|Day's Range||55.18 - 56.15|
|52 Week Range||49.31 - 59.68|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.35%|
Shares of regional banking stocks such as Regions Financial Corp (NYSE:RF) had a good couple of green days thus far this week and look set to continue higher over the near to possibly intermediate term. RF stock is higher by about 9% for the year, all of which thanks to a strong rally in the broader financial sector since early September. One of my fourth-quarter themes that I laid out for clients in early October and continue to reiterate is that of a continued bid in financial stocks due to a bid in interest rates.
If you invest in financials, you could have hardly asked for a better quarter than the third quarter. As Jefferies' Sean Darby and his team write, asset prices rose, the market got its wish in terms of ...
Buoyed by a rebound in the broader financial services sector and expectations that another interest rate hike is coming in the fourth quarter, the SPDR S&P Regional Banking ETF (NYSEArca: KRE), the largest ...
A Federal Open Market Committee meeting is usually good for some increased activity in regional bank stocks and the relevant ETFs. Historically, regional bank stocks are highly correlated to Fed action, ...
In this part, we’ll look at Welltower (HCN), a US healthcare REIT. Welltower’s revenue growth slowed from 15% in 2015 to 11% in 2016. The growth was driven by all…
As per the latest JOLTS report, about 3.2 million Americans quit their jobs voluntarily last month. This is an increase of 0.1 million from the previous month.
As Treasury yields slid to their lows of the year , among the biggest losers was the SPDR S&P Regional Banking exchange-traded fund (KRE). In the process, the yield curve has flattened (the spread between the Treasury two- and 10-year notes has narrowed to less than 0.8 percentage points), which in turn shrinks' lenders' net interest margins. The result has been a breakdown in the financials, including the Regional Banking ETF, on the charts, as the Getting Technical column discusses.
The entire gain has been lost and presumably so has the enthusiasm the bond market had for the new administration. The question investors must ask is, what does the bond market know that the stock market may be missing? This is a plot of Treasury rates from short-term to long-term, and it is often used as a harbinger of economic change.
Riding on expectations of higher interest rates and continued improvement in the operating environment, banking stocks have significant growth prospects.
A worrisome rift is developing as financial stocks slump while the broader U.S. market remains near all-time highs.
It was not supposed to be this way this year for regional bank equities and the corresponding exchange traded funds. Amid expectations of multiple interest rate hikes by the Federal Reserve, regional bank ...
The economic impact of Harvey, now downgraded to a tropical depression, could be as high as $190 billion, or 1% of the GDP – exceeding the combined impact of hurricanes Katrina and Sandy, said Accuweather president Joel Meyers. But which institutions are likely to be affected most?
Alan Valdes, Director of Floor Operations for Silverbear Capital, joins Yahoo Finance's Alexis Christoforous from the floor of the New York Stock Exchange to discuss the headwinds and tailwinds for U.S. stocks.
Alan Valdes, Director of Floor Operations for Silverbear Capital, joins Yahoo Finance's Alexis Christoforous from the floor of the New York Stock Exchange to discuss the recent strength in the US dollar and the effects of a strong dollar on the U.S. economy and corporate earnings.
Keith Bliss of Cuttone and Company joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss Friday's macroeconomic data from the monthly BLS Employment Situation report, ISM Manufacturing Survey, Factory Orders and Consumer Sentiment.
Keith Bliss of Cuttone and Company joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss the outlook for stocks this September, historically, the worst month for returns.
Keith Bliss of Cuttone and Company joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss the latest dynamics affecting the markets for crude oil.