Abnormal movement in US stocks | Banking sector rises, probability of Fed rate cut in September increases.

date
13/08/2025
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%.