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Wall Street rises as investors return to risk assets, financials gain


By Sinead Carew(Reuters) - U.S. stocks were higher on Tuesday, with the S&P 500 hitting a record intraday high as investor concerns about U.S. tensions with North Korea eased and the financial impact from Hurricane Irma appeared less severe than feared. The financial sector was the S&P 500's biggest driver as bank stocks were helped by rising U.S. Treasury yields, while utilities and real estate stocks were out of favour. "It's a better environment for risk assets. As long as these two issues -- North Korea and the hurricane -- have receded as concerns it gives investors a green light to ...

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First Published: Wed, September 13 2017. 00:34 IST