U.S. Bank Stocks Rally After Fed Rate Cut as KBW Bank Index Jumps: Wall Street Close on December 10, 2025
U.S. bank stocks jumped after the Federal Reserve cut rates by 0.25 percentage point and signaled a pause, with the KBW Bank Index rising 2.62% and the KBW Regional Banking Index up 3.31%. JPMorgan Chase gained 3.21% to $310.15, Citigroup rose just over 2% to about $109. The S&P 500 closed up 0.74%. The U.S. 10-year Treasury yield fell to 4.15% after the Fed’s announcement.