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Wall Street News

4/12 Weekly Update: Financialish 30 Index Again Beats Standard and Poor's 500

April 13, 2019

The Financialish 30 Index advanced 2.2% for the week ended April 12, 2019, while the S&P 500 Index rose 14 points, or just 0.5%.

 

  • Financial stocks were powered by outsized performances by JPMorgan (+5.7%), Morgan Stanley (4.4%), and Bank of America (+ 3.4%). 
  • Morgan Stanley registered an 11.5% advance over the past 2 weeks.
  • Goldman Sachs has advanced 8.2% over the past 2 weeks.
  • Wells Fargo, which declined 6.1%, was the only loser this week.

 

 

 

Note: Above 10 stocks are ranked by market capitalization.

Source:  Yahoo! Finance