The Dow Jones Industrial Average rose 553.16 points, or 2.21%, to 25,548.27, the S&P 500 gained 44.36 points, or 1.48%, to 3,036.13, and the Nasdaq Composite added 72.14 points, or 0.77%, to 9,412.36.
NEW YORK: U.S. stocks rose on Wednesday, with the S&P 500 closing above 3,000 for the first time since March 5, as the further easing of lockdowns lifted optimism for an economic recovery.
Bank stocks powered the day's advance, with the S&P 500 financial index <.SPSY> leading gains among major sectors. The index rose nearly 10% over the past two sessions for its biggest two-day increase since April 8-9.
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