Wall Street jumps as tech, bank stocks rally

Banking stocks got a big boost as investors speculated on the possibility of a June interest rate hike. Microsoft was up 2.9 percent and provided the biggest boost to the Nasdaq and S&P 500, while Goldman Sachs' 1.4 percent rise lifted the Dow. Minutes of the Federal Reserve's April meeting released last week suggested a June rate hike had not been ruled out, surprising investors who had thought the Fed would stand pat until the end of the year.