Wall Street posted slight gains on Thursday and the Dow hit another record high close, with financials rising ahead of profit reports due Friday from several big US banks. The financial index <.SPSY> was the best performer among the 11 major S&P sectors, ending up 0.61 per cent. Quarterly earnings kick off on Friday with three of the biggest US banks, including JPMorgan Chase, Wells Fargo and Citigroup reporting results. "People are a trying to buy in ahead of tomorrow," said Brad McMillan, chief investment officer for Commonwealth Financial in Waltham, ...
Wall Street posts slight gains as financials lead before earnings
The financial index <.SPSY> was the best performer among the 11 major S&P sectors