Financial stocks are crushing it. These charts show why the ‘breakout’ rally may have just begun.
MarketWatch· Frances Yue· Aug 2, 2026 · 12:00 PM
The breakout to record highs by bank stocks, plus their strong earnings and favorable valuations, suggest more good times ahead for the financial sector.
This is a summary. Read the complete story at MarketWatch below.
Read full article at MarketWatchRelated Stories
marketsabout 12 hours ago
Why Western Digital and Seagate are seeing big stock drops today
Investors are worried that Toshiba will boost its production of a key AI storage product, potentially hurting the strong pricing power that Western Digital and Seagate currently enjoy.
MarketWatch
marketsabout 12 hours ago
Tesla sold a lot more EVs than Wall Street expected, and the stock is surging
EV giant Tesla had the best three-month period for vehicle sales this year, but it was less than a year ago.
MarketWatch
marketsabout 12 hours ago
Falling wages, soaring energy prices and inflation: It’s beginning to look a lot like the 1970s
Is it time to dust off the financial playbook from that dismal decade?
MarketWatch