Shares of iShares U.S. Regional Banks ETF (NYSEARCA:IAT – Get Free Report) saw unusually-strong trading volume on Thursday . Approximately 253,623 shares changed hands during trading, a decline of 27% from the previous session’s volume of 349,386 shares.The stock last traded at $40.11 and had previously closed at $41.01. iShares U.S. Regional Banks ETF Stock […]
The January Non-Farm Payroll number was always destined to be a market mover, especially after Fed Chair Powell said that, while the Fed will be lowering rates in 2024.
Regional bank stocks looked to stabilize early Friday following a two-day selloff after New York Community Bancorp’s surprise loss and drastic reserve increase.