NewsMV
← News·Markets · OutlookMarkets

Financial Select Sector Index trades at roughly 15.5 times forward earnings, a turn and a quarter off 2024 levels, as bank reporting season arrives

With bank earnings season arriving, a valuation anomaly has emerged in the Financial Select Sector Index. The index trades at roughly 15.5 times forward earnings, about a turn and a quarter

NM
NewsMV Markets Desk
3 min read
21 July 2026Markets desk
Share this dispatch
Categorymarkets

Filed via cnbc.com

← Back to all dispatchesFront page →
Keep reading

More from the markets desk

MarketsMarkets

US 30-year auction prices at highest borrowing cost since 2001 as global bond rout intensifies

Thirty-year Treasury debt cleared at the highest borrowing cost since 2001 at the latest US government auction, arriving as a global bond sell-off found renewed intensity. The rout was reig

NM
NewsMV Markets Desk
3 min read
Markets · Digital AssetsMarkets

Coinbase Wallet returns as Base App name dropped after just over a year

Base App is Coinbase Wallet again. Coinbase (COIN) reversed the rename after just over a year, acknowledging the social experiment behind the original pivot fell short. The wallet now supports more than 10 networks…

NM
NewsMV Markets Desk
3 min read
MarketsMarkets

Snap's dip record sets the bar the current pullback hasn't cleared

Snap's (SNAP) dip-buying history runs 20 events deep since March 2017, and only five of the eighteen with a full year of data ended higher twelve months out. The stock is down roughly 10% from its late-August high…

NM
NewsMV Markets Desk
3 min read