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31.08 - 09:35
Bank stocks are back on the up as Goldman Sachs, Morgan Stanley beat S&P 500
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Bank stocks have had a rough year. Lately they’re showing signs of life.
Since the end of June, five of the six largest US banks have outperformed the S&P 500’s 13% gain. Shares of Morgan Stanley and Goldman Sachs are up 20% and 19%, respectively. Wells Fargo is up 18%, while Citigroup and Bank of America each have gained about 17%.
JPMorgan shares...
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