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Bank stocks mixed after Fed leaves rates unchanged, as Bank of America dips while Goldman Sachs rises

Clyde Edgerton by Clyde Edgerton
November 1, 2023
in Markets
Bank stocks mixed after Fed leaves rates unchanged, as Bank of America dips while Goldman Sachs rises
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Bank stocks continued to trade mixed after the Federal Reserve said it would leave interest rates unchanged, as expected. Bank of America Corp. BAC dipped fractionally after losing 0.3% shortly before the Fed’s announcement. JPMorgan Chase & Co. JPM dipped fractionally in recent trades, while Goldman Sachs Group Inc. GS was up by 0.7%. Wells Fargo & Co. WFC dropped by 0.5%. Citigroup Inc. C rose 0.1% and Morgan Stanley MS rose 0.3%.

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