Comment on Banks lead gains on Wall Street

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.

 

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