Bank stocks continued their rise Tuesday-propelled not by earnings trends but rather by interest rate expectations.

For the past week or so investors have been bidding up bank share prices. The Standard & Poor's bank stock index rose 7% last week and another one-third of a percentage point on Tuesday.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.