The Traderszone Network

Published in TZ Latest News 21 October, 2015 by The TZ Newswire Staff

New Highs: Financial Stocks Enjoying Favored Niche

Bank stocks, insurance shares, and savings and loans ran the new highs show Wednesday, but the balance between new highs and new lows was roughly even. Strength in financials is a rate-related play. When interest rates rise, net interest margins tend to improve for financial stocks. The Federal Reserve is expected to start raising interest rates, with the question centering on when, not if.

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