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US Banks Lead the S&P Higher as Markets Prep for Future Policy Tightening

US
  • U.S. bank stocks have been one of the hottest trades of 2021 and show no sign of slowing down ahead of Wednesday's Federal Reserve rate decision
  • The KBW Banking Index has surged 28% to a record this year, more than double the S&P 500 Index's 12%, on the back of a recovering American economy
  • Sell side analysts remain bullish on the banking sector, with lenders well-positioned to benefit from any future policy tightening


MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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