US bank stocks are back in vogue on stimulus, interest-rate outlook SECTIONS Last Updated: Jan 10, 2021, 06:24 PM IST Share Synopsis Whether they maintain that momentum depends on the success of President-elect Joe Biden’s agenda, Federal Reserve monetary policy and how quickly Covid-19 is brought to heel. Agencies The KBW Bank Index has jumped 8.4% in January, beating the S&P 500 Index’s 1.8% advance. By Felice Maranz Big U.S. banks have gone from losers to leaders in the stock market, rebounding from a pandemic-induced pummeling as investors anticipate a surge in federal spending in 2021 and look ahead to this week’s earnings-season kickoff.