Banks, lenders and other financial companies fell in the wake of a relatively dovish Federal Reserve statement. Treasury yields slipped after the statement indicated muted expectations for an imminent rate rise.
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Banks have already seen profits boosted by the Fed's rate increases and bank investors are eager for more increases.
Ameriprise Financial Rallied after the financial advisory posted second-quarter earnings ahead of some investors' expectations.
(-By Rob Curran, email@example.com)
(END) Dow Jones Newswires
July 26, 2017 16:48 ET (20:48 GMT)