Headline Details

The pandemic-era rally is now a distant memory for some stocks

Published on: Mon, 16 May 2022 12:36:19 UTC
News Agency: CNN
Description:
US banks had a stellar run in late 2020 and 2021. Stocks in the sector soared roughly 80%, powered by the strong economic recovery and the promise of higher interest rates, which would allow them to make more money on loans.

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