Banking Stocks Propel Dow as Semiconductor Shares Decline
Banking Stocks Propel Dow, Semiconductor Shares Drag Nasdaq Monday's Dow rose with banking stocks, while the S&P 500 banking index surged 1.3% to its highest in more than a month. JP Morgan Chase's all-time high for shares helps to explain the index's climb. As U.S. Treasury yields peaked in more than two weeks, this increase in banking stocks followed. Strong financial performance and positive economic data have investors hopeful about the banking industry. The in
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