Volatility Hits Bank Stocks, but Bullish Optimism Remains

Like the rest of the market sectors, the Omicron variant sent bank stocks in a daze of volatility, but bullish optimism remains heading into 2022. The prospect of rising interest rates amid rising inflation means that banks that utilize lending products for revenue can expect higher profit margins....
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Complete coverage of business news in the Twin Cities, Minnesota and elsewhere, including Fortune 500 Minnesota companies: UnitedHealth Group, Target, Best Buy, 3M, CHS, U.S. Bancorp, General Mills, C.H. Robinson, Land O’Lakes, Ecolab, Ameriprise Financial, Xcel Energy, Hormel Foods, Thrivent Financial, Polaris, Securian Financial Group, Fastenal and Patterson Cos.