Regional bank stress hit the market last week, and the KBW Bank Index fell more than six percent in five sessions. The drop came after three mid-size U.S. lenders revealed sharp deposit outflows in their first-quarter filings. Bond spreads widened,…
KBW Bank Index: After regional bank stress spiked, the KBW Bank Index has faltered, consequently signaling caution for financial-sector exposure. 1. Regional Bank Stress Spike First, heightened concerns over small- and mid-sized lender balance sheets sent shockwaves through credit markets.…
The KBW Nasdaq Bank Index—better known by its ticker BKX—tracks 24 of the largest, most liquid U.S. money‑center, regional‑bank and thrift stocks. Consequently, it serves as Wall Street’s real‑time pulse of the domestic banking sector. Nasdaq Global Index Watch 1. Why It Matters…