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
