Profit Taking Hits Bank Shares

US equity markets opened a notch higher today but later pared gains as another wave of profit-taking hit the banking sector.
US banks were back in the red today, with JPMorgan Chase down 4% to $34.38 and Wells Fargo 5.9% lower at $24.96 within the first hour of trading. Citigroup lost 1% to $3.83, Bank [...]

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