Why S&P 500’s financials sector just booked its best day since early November - MarketWatch

1. U.S. bank stocks rallied, citing strong earnings and cooling inflation data. 2. Citigroup stock rose over 6%, alongside others like Wells Fargo and JPMorgan. 3. Core inflation eased, possibly reducing pressure on Treasury yields and interest rates. 4. Financial sector saw largest gains since November, driven by investor optimism. 5. Stock futures climbed post-CPI report, indicating broader market rally potential.