Banks help drive US stocks broadly higher after wobbly start

Banks help drive US stocks broadly higher after wobbly start

5 years ago
Anonymous $4ckUSNo_FL

https://apnews.com/7e3890da14fe44afbd4f63f8ada10b2f

Banks and energy companies helped power U.S. stocks broadly higher in midday trading Wednesday as the market clawed back some of its losses from a day earlier.

Financial sector stocks accounted for much of the rally, which reversed an early slide. Big banks were among the sector's gainers. Wells Fargo rose 2% and Bank of America added 1.7%.

Banks help drive US stocks broadly higher after wobbly start

Aug 28, 2019, 5:35pm UTC
https://apnews.com/7e3890da14fe44afbd4f63f8ada10b2f > Banks and energy companies helped power U.S. stocks broadly higher in midday trading Wednesday as the market clawed back some of its losses from a day earlier. > Financial sector stocks accounted for much of the rally, which reversed an early slide. Big banks were among the sector's gainers. Wells Fargo rose 2% and Bank of America added 1.7%.