October 19, 2026
Article from Yahoo Finance by David Hollerith
Article Synopsis
U.S. bank stocks are experiencing their longest losing streak since the 2008 financial crisis, despite relatively strong earnings from major lenders. The KBW Nasdaq Bank Index has fallen 11% since early September as investors worry about rising interest rates, potential loan losses, and increasing corporate defaults. The decline raises concerns about the banking sector and the broader economy, even as lending and consumer finances remain relatively stable.
