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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.
Wall Street climbs as financials snap five days of losses
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