24-05-2016 17:35 via news.yahoo.com

Wall Street rises more than 1 pct as bank, tech stocks jump

U.S. stocks rose to their highest in the last seven sessions on Tuesday, helped by gains in technology and financial stocks. The S&P financial sector got a big boost from a rise in banking stocks as investors speculated on the possibility of a June interest rate hike. Minutes of the Federal Reserve's April meeting 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.
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