Banks Lead Gains On Wall Street

Banks led the stock market higher Monday as investors anticipate that the Federal Reserve could raise interest rates this year from their historically low levels. That could help banks recover from a long slump by making lending more profitable. Related ArticlesAugust 27, 2016 Stocks end mostly lower after Yellen speech August 25, 2016 Stocks end lower as health-care companies decline August 23, 2016 Stock market sees modest, steady gains August 22, 2016 Stocks end mostly lower in quiet trade; oil prices decline August 19, 2016 US stocks take small losses as energy companies slide The Dow Jones industrial average rose 107.59 points, or 0.6 percent, to 18,502.99.

Topics:  related articlesaugust   the dow jones   the standard    poor s   the nasdaq   major u.s   september   janet yellen   raising   rob lutts   cabot wealth   management    we re   wells fargo   jpmorgan chase   s&p   herbalife   carl icahn   benchmark u.s   trading   labor day   u.s few   labor department s   fed   federal reserve   august   stocks   yellen   stock   lutts   banks   gains   percent   rates   cents   oil   fell   economy   interest   companies   points   market   gallon   year   gained   barrel   levels   index   decline   crude   rose   financial   raise   savers   energy   week   friday   higher   
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