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September Jobs report sets stage for regional-bank stock underperfomance as yields resume run-up

By: MarketWatch
As the U.S. created 336,000 new jobs in September, well ahead of the 170,000 estimate, regional-bank stocks fell on the prospect for higher interest rates.
Related Stocks:
Axos Financial Inc Bank of America Charles Schwab Citigroup DJIA East West Bancorp FINANCIAL SEL Fifth Third Bancorp Goldman Sachs Group JPMorgan Chase & Co KeyCorp S&P Regional Banking ETF SPDR Synchrony Financial T.Rowe Price Group U.S. Bancorp Wells Fargo Western Alliance Bancorp
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