Banks on Brink of S&P 500 Supremacy as JPMorgan Beats Microsoft

Banks on Brink of S&P 500 Supremacy as JPMorgan Beats Microsoft

Jin Lee/Bloomberg

A trader reacts after the closing bell on the floor of the New York Stock Exchange (NYSE) in New York. Banks were the largest U.S. industry during the bull market that began in 2002, when the Standard & Poor’s 500 more than doubled and the economy expanded as much as 3.5 percent annually, according to data compiled by Bloomberg.