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Financials Down After Regional Bank Earnings Financials Roundup 04/20/2021 | 05:44pm EDT Send by mail : Message : Shares of banks and other financial institutions fell sharply after regional bank earnings. Shares of Fifth Third Bancorp tumbled after the regional bank forecast continued growth in consumer deposits. KeyCorp shares fell after it posted earnings short of some investors expectations. Shares of rivals such as PNC Financial fell in sympathy. The yield on the 10-year Treasury note remained under pressure as comments from travel industry executives called into question investors visions of a snapback return to prepandemic consumer and business behavior. We have a moderately preferred view of U.S. financials reflecting improving fundamentals and still attractive valuations against a backdrop of a broadening economic recovery this year, said strategists at money manager UBS Global Wealth Management, in a note to clients.

Rob curranTravelers coThird bancorpFifth third bancorpWealth managementDow jonesகொள்ளை குர்ரன்பயணிகள் இணைமூன்றாவது பேன்கார்ப்ஐந்தாவது மூன்றாவது பேன்கார்ப்செல்வம் மேலாண்மைடோ ஜோன்ஸ்