WASHINGTON (dpa-AFX) - Banking stocks have shown a strong move to the upside during trading on Wednesday, driving the Dow Jones Banks Index up by 2.2 percent.
With the upward move on the day, the banks index has reached its best intraday level since the first week of trading of 2016.
Wells Fargo (WFC), Cullen/Frost Bankers (CFR), and Zions Bancorp (ZION) are turning in some of the sector's best performances on the day.
Copyright RTT News/dpa-AFX