RPT-Wall St Week Ahead-Earnings season to test surge in regional banks stocks
(Repeats column originally published on Jan. 15, no changes) NEW YORK, Jan 15 (Reuters) - A blistering rally in the shares of regional banks may be tested when a spate of lenders report results in the coming week. Regional banks in the S&P 500 have surged 11% since the beginning of the year, beating out the gains in larger, more diversified banks by about a percentage point over the same period. Both regional and diversified banks are running well ahead of the benchmark S&P 500, buoyed by a rise in Treasury yields to their highest levels since the pandemic began on expectations that additiona...
Source: reuters.com