KeyCorp, Fifth Third Bancorp, Citizens Financial Group, Walker & Dunlop, and PNC Financial Services Group Shares Are Falling, What You Need To Know
Several bank stocks, including KeyCorp (KEY), Fifth Third Bancorp (FITB), Citizens Financial Group (CFG), Walker & Dunlop (WD), and PNC Financial Services Group (PNC), fell 3-4.4% after the Federal Reserve raised interest rates and signaled more hikes may come. The Fed's hawkish stance on inflation led to a sell-off in financial stocks, with the 10-year Treasury yield moving above 5%.

