Financials Up on Hike Optimism - Financials Roundup

Shares of banks and other financial institutions rose amid hopes that a likely rate hike would bolster lending profits.

The Fed funds futures market assigned a near 90% probability of a Federal Reserve rate hike next week after an increase in the consumer-price index underscored inflation risks.

An unidentified Polymarket user earned about $22,000 with a series of near-perfect bets on the quarterly earnings of several companies that all appeared to be audited by accounting giant KPMG.


Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

September 11, 2026 17:38 ET (21:38 GMT)

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