Wall Street climbs as financials snap five days of losses
Updated : March 27, 2019 06:28 AM IST
The S&P 500 financial index gained 1.1 percent and registered its biggest daily percentage gain since February 15.
The S&P 500’s gains came after two sessions of declines, triggered by concern about slowing global economic growth and the inversion of a closely watched part of the Treasury yield curve.
Benchmark 10-year note yields were steady on the day but above the level reached Monday, which was the lowest since December 2017.