Bank stocks outpace broad market into the red as higher bond yields impact the value of their portfolios By: MarketWatch October 03, 2023 at 15:45 PM EDT Financial stocks in S&P 500 lag as bond prices push down the value of their bank bond holdings. Read More >> Related Stocks: Axos Financial Inc BKX Charles Schwab East West Bancorp FINANCIAL SEL S&P Regional Banking ETF SPDR Synchrony Financial T.Rowe Price Group Western Alliance Bancorp