Banking Sector Gets A Boost After Stress Test Results, Large Dividends
June 29, 2019 at 10:30 AM EDT
Stocks of the bigger U.S. banks, which have languished for months, received a boost on Friday after the lenders disclosed plans to return sizable amounts of capital back to shareholders in the form of dividends. Goldman Sachs Group (GS), Bank of America (BAC), and JPMorgan Chase (JPM) were up 2% to...