Banks surged Wednesday following strong results from a slew of financial companies, and U.S. stocks finished broadly higher. Concerns about trade tensions between the U.S. and China derailed a bigger gain.
On Wednesday:
The S&P 500 index gained 5.80 points, or 0.2 per cent, to 2,616.10.
The Dow Jones Industrial Average added 141.57 points, or 0.6 per cent, to 24,207.16.
The Nasdaq composite rose 10.86 points, or 0.2 per cent, to 7,034.69.
The Russell 2000 index of smaller-company stocks jumped 9.48 points, or 0.7 per cent, to 1,454.70.
For the week:
The S&P 500 is up 19.84 points, or 0.8 per cent.
The Dow is up 211.21 points, or 0.9 per cent.
The Nasdaq is up 63.22 points, or 0.9 per cent.
The Russell 2000 is up 7.31 points, or 0.5 per cent.
For the year:
The S&P 500 is up 109.25 points, or 4.4 per cent.
The Dow is up 879.70 points, or 3.8 per cent.
The Nasdaq is up 399.42 points, or 6 per cent.
The Russell 2000 is up 106.14 points, or 7.9 per cent.
The Associated Press
