US Bank Stocks Bounce Back After April’s Tariff Turmoil
U.S. bank stocks are staging a notable recovery after experiencing one of their worst weeks since 1990 in April. Despite facing significant challenges due to tariffs, the 212 banks analyzed by S&P Global Market Intelligence showed resilience. These institutions showcased a median total return of negative 3.2% in April, which, while underperforming against the S&P 500’s decline of 0.7%, reflects a stabilization effort. This recovery indicates potential for investors as banks navigate these tumultuous market conditions.