Stock Market Update
27-Jun-24 11:00 ET
Some bank stocks trade higher after stress test
Dow +77.54
at 39205.34,
Nasdaq +21.61
at 17826.77,
S&P +1.66
at 5479.56
[BRIEFING.COM] Things are little changed at the index level in recent action.
Some bank stocks are trading higher the Fed's stress test showed that the 31 large banks subject to the test this year have sufficient capital. The SPDR S&P Bank ETF (KRE) is trading 0.4% higher and the SPDR S&P Regional Banking ETF (KRE) shows a 0.4% gain.
Still, the S&P 500 financial sector is the worst performing sector, trading 0.4% lower.
