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Banking Sector Rallies At End Of Quarter

Video Credit: Wochit Business
Published on June 28, 2019 - Duration: 00:50s

Banking Sector Rallies At End Of Quarter

According to Markets Insider, the US banking sector is having a rally on the last day of the quarter.

The top 18 lenders in the US recently passed their annual stress test reviews by the Federal Reserve, which led to a rally on bank stocks.

Those stress tests gauge how well the largest banks in the nation could handle a sharp economic downturn.

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Banking Sector Rallies At End Of Quarter

A MAY 14, 2019, FILE PHOTO A JUNE 6, 2019, FILE PHOTO A MAY 29, 2019, FILE PHOTO

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