Bank stocks had a huge day
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JPMorgan, Goldman Sachs, Bank of America and Wells Fargo all moved 2% higher or more in trading after the Federal Reserve made the decision to lift off from its long-standing policy of 0% interest rates.
As interest rates go up, banks should be able to improve their net-interest margin, or the difference between their cost of funding and lending rates.
The industry as a whole is expected to reap billions of dollars in additional revenues through interest income as interest rates start moving higher.
That has investors and analysts bullish on the financials sector.
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Here are today's gains, in chart form.
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