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Re: illegal_alias post# 34

Friday, 12/04/2015 3:07:30 PM

Friday, December 04, 2015 3:07:30 PM

Post# of 51
illegal, $1.68 bid ask 1.70.


With the possibility that the Fed will raise interest rates this month looking more certain by the day, investors are bidding up shares of bank stocks like Bank of America (NYSE:BAC), Citigroup (NYSE:C), JPMorgan Chase (NYSE:JPM), Morgan Stanley (NYSE:MS) and Wells Fargo (NYSE:WFC).

The Labor Department said that the total nonfarm payroll employment rose by 211,000 jobs in November, keeping the unemployment rate unchanged at 5%.

The report may seal the deal for a rate hike after Federal Reserve Chair Janet Yellen said on Wednesday that she's "looking forward" to the first interest rate hike in nearly 10 years.


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