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KBW Bank index Off Lows

US STOCKS
  • KBW Bank index (BKX) is climbing off midday lows (79.77) to 80.48 (+.10 in late trade. In turn, SPX Emini futures paring losses: ESM3 at 3993.0 -13.25.
  • KBW "is a modified cap-weighted index consisting of 24 exchange-listed National Market System stocks, representing national money center banks and leading regional institutions".
  • Current index leaders are: PNC Financial Services (PNC), M&T Bank (MTB), US Bancorp (USB) and Zion's Bancorp (ZION). Laggers include First Republic Bank (FRC), Wells Fargo & Co (WFC), Capital One Financial (COF) and Bank of America (BAC).

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