Wall Street higher as financial, consumer stocks rise

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 2, 2016. REUTERS/Brendan McDermidMoreBy Yashaswini Swamynathan and Tanya Agrawal
REUTERS – Wall Street was higher in mid-morning trading on Monday, helped by a rise in financial and consumer discretionary stocks.
The S&P 500, which has risen about 15 percent since February, is about 3 percent short of its all-time high, boosted by recovering oil prices and an accommodative Federal Reserve.
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