KRE

U.S. equities see the largest net buying since late February - GS

U.S. Equities see the largest net buying since late February - Goldman Sachs. The S&P 500 was down for the third straight week and traded lower for six straight sessions. Bitcoin-sensitive stocks, winners of the last 12 months underperformed. Overall U.S.-based equities saw the biggest net buying of the year.

Regional Banks Surge: Earnings Propel Rebound From Key Support Level At 200-Day Average

Regional bank stocks have experienced a noticeable rebound after hitting 200-day moving average support. The SPDR S&P Regional Banking ETF still remains nearly 20% below its pre-March 2023 crisis level. Metropolitan Bank Holding Corp. Has been a top performer among regional banks.

SPDR S&P Regional Banking ETF Experiences Big Inflow

Weekly Report: what happened at KRE last week (0415-0419)?

"Officials Plan To Float New Measure In Coming Days; Bank Regulators Revive Work On Dodd-Frank Bonus Rules, Sources Say" - WSJ

Friday's ETF Movers: KRE, SMH

Fed's Goolsbee Says I Believe Banks Have Adequate Capital; Balance Sheet Decisions Are Separate From Monetary Policy

Market Reaction To Bank Earnings Is Mixed, JPMorgan Analysts Project Further Decline In Net Interest Income

U.S. Financial sector has seen mixed investor reactions to recent earnings releases. Citigroup Inc and Wells Fargo reported earnings on April 12. Citizens Financial Group reported a beat on EPS but a miss on revenue on Wednesday. JPMorgan Chase anticipates a challenging quarter for banks. The Fed delaying the rate cut decision has muted market sentiment.