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Bank stocks rise on Fed rate-cut rally

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US bank stocks surged Thursday following a jumbo rate cut from the Federal Reserve, a sign of bullishness among investors who now expect an...
Bussiness

US bank stocks rise as jumbo rate cut eases default risk, cost concerns

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(Reuters) - U.S. bank stocks rose in premarket trading on Thursday, a day after the Federal Reserve cut interest rates by 50 basis points,...

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