Bank stocks rallied with the rest of the market Wednesday after voters bolstered Democrats in midterm elections.

Democratic victories removed two of President Clinton's most virulent critics-Republican Sens. Alfonse M. D'Amato of New York and Lauch Faircloth of North Carolina-lessening the possibility of impeachment. The specter of a protracted inquiry into the scandal involving the President and former White House intern Monica Lewinsky has made investors jumpier and more apt to sell their holdings.

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