Wall St. ends higher, led by gains in financials

Wall St. ends higher, led by gains in financials

U.S. stocks ended up on Wednesday, as gains in financial shares were powered by increasing expectations for a December rate hike and on hopes President Donald Trump`s administration may be making progress on a tax plan.

Based on latest available data, the Dow Jones Industrial Average <.dji> rose 56.39 points, or 0.25 percent, to 22,340.71, the S&P 500 <.spx> gained 10.2 points, or 0.41 percent, to 2,507.04 and the Nasdaq Composite <.ixic> added 73.10 points, or 1.15 percent, to 6,453.26.

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