Why Bank of America, JPMorgan Chase, and American Express Stocks All Popped Today
Here are three banks stocks benefiting from today's positive political news -- and two of them are worth buying.
Stock markets got over their case of the Mondays really quick this week, and after regaining all their Monday losses on Tuesday, are roaring even higher as Wednesday gets off the ground.
Financial stocks are doing particularly well this morning. As of 10:20 a.m. ET, shares of Bank of America (NYSE: BAC) are gaining a respectable 2.8%, while JPMorgan Chase (NYSE: JPM) is doing even better with a 3.6% rise, and American Express (NYSE: AXP) is doing best of all -- up 5.4%.
What's behind the optimism? President Donald Trump, of course.