A late rally in the overall stock market failed to carry bank shares with it on Thursday.

The Dow Jones industrial average surged late in the day to close up 23.78 points to 3,176.03 nearly wiping out a 25.94 point drop on Tuesday.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.