Global Markets: US stocks end higher as bank shares lead
Global Markets: The Dow Jones Industrial Average jumped 299.66 points, or 1.18 per cent, to 25,745.60. The S&P 500 rose 33.43 points, or 1.10 per cent, to 3,083.76.
Global Markets: Bank stocks surged after the Fed and four regulatory agencies announced they were going to change a rule that has limited banks` ability to make investments in such areas as hedge funds. Photo: Reuters