Financial institution shares rose on Monday after President Joe Biden on Monday nominated Jerome Powell for a second time period on the U.S. Federal Reserve. The KBW Nasdaq Financial institution Index
superior by 1.3%, JPMorgan Chase & Co.
rose by 1.8%, Citigroup
rose by 1.4% and Goldman Sachs
superior by 2%. Wells Fargo
moved up by 2.2%.
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