Stock market news today: Banks lead stock surge, yields rise as all eyes turn to Fed

Stock market news today: Banks lead stock surge, yields rise as all eyes turn to Fed

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U.S. stocks moved higher Tuesday following U.S. and European efforts to stabilize the banking system. The S&P 500 (^GSPC) climbed 1.3%, while the Dow Jones Industrial Average (^DJI) gained nearly 1%. Contracts on the technology-heavy Nasdaq Composite (^IXIC) jumped 1.6%. Bond yields are rising,…

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