Bank Stocks Weaker Ahead of Earnings Season As Yields Fall, Growth Worries Mount By Investing.com – Investing.com
- Date: 12-Jul-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Middle East
Bank Stocks Weaker Ahead of Earnings Season As Yields Fall, Growth Worries Mount By Investing.com – Investing.com
By Dhirendra Tripathi
Investing.com – Shares of major banks were trading weaker as bond yields drifted lower in Monday’s premarket trading, a day before they kick off the second-quarter earnings season.
Goldman Sachs (NYSE:), Bank of America (NYSE:), Citigroup (NYSE:), Wells Fargo (NYSE:), JPMorgan (NYSE:) and Morgan Stanley (NYSE:) were all trading lower by 0.4%-0.7% as the market prepares for most to announce their earnings this week.
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