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Federal Reserve Board Chairman Jerome Powell testifies before the House Financial Services Committee in the Rayburn House Office Building on Capitol Hill February 27, 2018 in Washington, DC. Powell testified about the Federal Reserve's semi-annual monetary policy report to Congress and the state of the economy

Bank stocks surge after the Federal Reserve raises rates

The Federal Reserve raised its benchmark interest rate for the sixth time since 2015.

Citigroup climbs after beating expectations despite a $22 billion tax hit

Citigroup reported earnings on Tuesday at 8 am that beat Wall Street's expectations.

Bank stocks are mostly flat despite earnings beats

Several big banks released earnings this morning, but the news didn't spur much optimism on Wall Street.
Goldman Sachs Chairman and CEO Lloyd Blankfein attends the Clinton Global Initiative), on September 24, 2014

Bank stocks are getting a boost as the Senate nears vote on tax reform

The Senate is closer than ever to passing tax reform and bank stocks are seeing a boost.

Bank stocks mixed despite Goldman Sachs and Morgan Stanley earnings beats

Bank stocks mixed despite Goldman Sachs and Morgan Stanley earnings beats

BLACKROCK: It’s time to buy banks

The optimism on banks, which make up most of the financials sector, is widespread.
By one measure, options traders are the most bullish since December on financial stocks. There are now more calls outstanding than puts on an ETF tracking the sector.

Bank stocks are on fire and traders are lining up bets for more to come

Banks benefited the most of anyone from the Fed's statement on Wednesday, and now investors are betting on continued gains in the sector.
Federal Reserve Board Chair Janet Yellen testifies before the Senate Banking Committee at Capitol Hill in Washington, U.S., June 21, 2016.

Bank stocks are rising after the Fed announces it will unwind its balance sheet

Bank stocks are mostly higher after the Fed announced moves that hint at a strong economy.

Bank stocks are dropping despite beating earnings

The first of the big banks released earnings this morning, and they're spelling trouble for bank stocks.

Wall Street is at war with traders over the future of bank stocks

Despite strong recent performance and appealing fundamentals going forward, bank stocks are not feeling the love from Wall Street analysts.