World, Economy, Americas

Wall Street closes higher as banks stocks rise

3 major indexes close with gains for fourth trading day in row

23.05.2017 - Update : 24.05.2017
Wall Street closes higher as banks stocks rise

By Ovunc Kutlu

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.

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