Wall Street closes higher as banks stocks rise

 24 May 2017 - 13:36

Wall Street closes higher as banks stocks rise
Photo: AA.

AA

NEW YORK: Wall Street on Tuesday closed higher with increase in stocks of banks. 

The Dow rose 43 points to end the day at 20,937 and the S&P 500 added 4 points to 2,398. 

The Nasdaq increased 5 points to finish trading at 6,138. 

The three major indexes closed with gains for the fourth trading day in a row. 

Major investment banking firms Goldman Sachs and Morgan Stanley saw their shares increase by 1.7 percent and 1.8 percent, respectively. 

Bank of America stock price rose 1.5 percent.