Bank stock indexes mark sixth straight day of gains in morning trades

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Bank stock indexes were moving higher on Wednesday to mark their sixth straight day of gains, as bond yields eased back. The SPDR S&P Bank ETF
KBE,
+0.33%
was up 0.7% and is trading at its highest level since Sept. 19, according to Dow Jones Market Data. The six-day rise for the index marks its longest winning streak since Aug. 16, 2022, when it rose for six straight trading days. Meanwhile, the KBW Nasdaq Bank Index
BKX,
-0.13%
was up by 0.4%. The SPDR S&P Regional Banking ETF
KRE,
+0.07%
was up by 0.9%. The Financial Select SPDR ETF
XLF,
+0.15%
was up by 0.5%. Among individual names, shares of Bank of America Corp.
BAC,
+0.04%
were up by 0.6%, Citigroup Inc.
C,
+0.22%
was up by 1% and JPMorgan Chase & Co.
JPM,
+0.34%
was up by 0.7%.

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