Abnormal movement in US stocks | Banking sector rises, probability of Fed rate cut in September increases.
According to the Intelligent Financial News app, the banking sector rose on Tuesday. As of the time of publication, Citigroup (C.US) rose more than 3%, Goldman Sachs (GS.US) rose more than 3.7%, JPMorgan Chase (JPM.US) rose more than 1.5%, Morgan Stanley (MS.US) rose more than 2.5%, and Bank of America (BAC.US) rose more than 2.7%. On the news front, the CPI in July remained basically flat. After this data was released, the probability of the Federal Reserve cutting interest rates in September rose to 90.1%.
Latest
3 m ago