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Why the weakness in U.S. bank stocks since the collapse of SVB is a worrisome sign on eve of bank earnings

Market Extra Published: April 13, 2023 at 12:54 p.m. ET Investors are counting on strong earnings in the banking sector to boost the stock-market rally, and their results typically set the stage for how the rest of the earnings season plays out, say market analysts Timothy A. clary/Agence France-Presse/Getty Images The U.S. corporate earnings reporting

why-the-weakness-in-us.-bank-stocks-since-the-collapse-of-svb-is-a-worrisome-sign-on-eve-of-bank-earnings

Market Extra

Investors are counting on strong earnings in the banking sector to boost the stock-market rally, and their results typically set the stage for how the rest of the earnings season plays out, say market analysts

Timothy A. clary/Agence France-Presse/Getty Images

The U.S. corporate earnings reporting season begins this week with a flurry of major U.S. banks set to report their first quarterly performance since the collapse of Silicon Valley Bank (SVB) and Signature Bank last month.

JPMorgan Chase, Wells Fargo, Citi and BlackRock will be among the large financial institutions posting their earnings before markets open on Friday. 

However,…

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