RF - Investors Still Seem Scared to Death of These Stocks
2023-07-21 13:41:00 ET
Stock markets were generally higher at midday on Friday, with modest gains for major market benchmarks of up to a quarter-percent. Generally positive economic data have market participants feeling more upbeat about the possibility of avoiding a full-blown recession, and that could help justify what has already been an impressive move higher for stocks since the October 2022 lows.
Yet one area that is still feeling a lot of uncertainty is the regional banking industry . A trio of financial institutions gave their latest readings on their financial condition on Friday, and investors generally still seemed quite nervous about the prospects for another mini-crisis that could prompt weaker institutions to fail.
Below, you'll see what Regions Financial (NYSE: RF) , Huntington Bancshares (NASDAQ: HBAN) , and Comerica (NYSE: CMA) had to say about their respective performances.
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Investors Still Seem Scared to Death of These Stocks