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Trade tensions, monetary policy take toll on bank stocks

Tuesday, August 13, 2019   (0 Comments)
Posted by: Amanda Averch
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Bank shares are the worst-performing sector in the S&P 500 this month. Headwinds include additional tariffs on Chinese imports proposed at the beginning of August, an increased expectation that the Federal Reserve will continue lowering interest rates and the prospect that Treasury yields will turn negative.

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