You are here: Home » Reuters » News
Business Standard

Bank, industrial stocks lift Wall St as investors await strong quarter


By Sruthi Shankar(Reuters) - U.S. stocks rose on Monday, with banking and industrial shares driving a third day of gains on Wall Street as investors looked ahead to a strong quarterly earnings season, setting aside trade concerns.Bank stocks were the biggest gainers, with the S&P banks index rising 2.2 percent, on track for its biggest percentage gain in over a month, helped by a rise in U.S. yields. JPMorgan, Wells Fargo and Citigroup are scheduled to report on Friday, kicking off the second quarter earnings season in earnest."The market is anticipating a very good earnings season and ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Mon, July 09 2018. 21:27 IST