US bank stocks plunge, major banks down 10% from peaks
BAC Bank Of America Corp
$54.58 +0.48%
View chart & analysis → - 1Bank stocks have entered a correction phase, falling 10% from their peaks.
- 2Bank of America shares have dropped 13% over the past month.
- 3The KBW Nasdaq Bank Index has fallen more than 14% from its August peak.
So what's the key point?
Stock prices for US banks have fallen more than 10% from their highest points. As shares of major companies like Bank of America decline, investors are experiencing a period of correction.
Source Yahoo Finance · View original ↗
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