Dow, S&P, Nasdaq rally on heels of bank earnings and M&A

  • Dow, S&P, Nasdaq rally on heels of bank earnings and M&A

    U.S. stocks rallied across the board as investors celebrated solid earnings from the likes of JPMorgan which is benefiting from higher interest rates. Deal news also helped sentiment with Kroger buying Albertson's in a $24 billion grocer tie-up. In commodities, oil fell 2% to the $87 per barrel level.

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