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Bank Stocks Plunge Amid War, Analysts Predict Recovery

4/2/2026

50 6 Full Breakdown

Summary

Story summary

Bank stocks declined in early 2026, with Goldman Sachs down 13% and Wells Fargo down 17%, amid U.S.-Iran war and rising energy prices.
Analysts expect a turnaround as conditions stabilize and earnings improve.
Goldman Sachs Group, Inc. will release first-quarter results April 13, 2026, focusing on investment banking.
Wells Fargo & Company aims to exceed its $50 billion net interest income forecast, and IPOs SpaceX and OpenAI could boost revenues.

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Story summary

Bank stocks declined in early 2026, with Goldman Sachs down 13% and Wells Fargo down 17%, amid U.S.-Iran war and rising energy prices.
Analysts expect a turnaround as conditions stabilize and earnings improve.
Goldman Sachs Group, Inc. will release first-quarter results April 13, 2026, focusing on investment banking.
Wells Fargo & Company aims to exceed its $50 billion net interest income forecast, and IPOs SpaceX and OpenAI could boost revenues.