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Here’s Why Bank Stocks are Gaining on Powell’s Renomination

Here's Why Bank Stocks are Gaining on Powell's Renomination

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Following the renomination of Powell as the Fed Chair, banks like JPMorgan (JPM), Wells Fargo (WFC), KeyCorp (KEY) and U.S. Bancorp (USB) have been rallying. Let’s find out the reasons for the same.

...read full article on Zacks Investment Research

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