U.S. bank stocks are at a crossroads — trying to regain the momentum they had earlier in the year amid signs that the Trump-trade cornerstones that had spurred the rally are not turning out as planned.
Investors will learn more about where the nation’s major financial institutions stand later in the week, when the sector kicks off second-quarter earnings season. Financials broadly are expected to show profit growth of 6 percent, third-best of the 11 S&P 500 sectors, according to market data tracker FactSet.
