The broad-based S&P 500 was essentially flat at 2,978.43, while the tech-rich Nasdaq Composite Index shed 0.2 per cent to 8,087.44.
But Mr Hogan said those events were in the latter end of the week, leaving investors with few signals to trade on until then. Banks rose as Treasury yields gained and some bank executives projected a less serious hit to profits from lower interest rates. Wells Fargo, Bank of America and JPMorgan all gained at least 2.5 per cent.
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