Stocks rose on Monday, sending the Dow Jones industrial average up 1 percent, as bank shares advanced following an upgrade of Goldman Sachs Group
Investors were also hoping corporate quarterly results in the financial sector could be surprisingly strong. Goldman shares were up 4.2 percent, while Bank of America
The Dow Jones industrial average <.DJI> was up 74.51 points, or 0.91 percent, at 8,221.03. The Standard & Poor's 500 Index <.SPX> was up 7.32 points, or 0.83 percent, at 886.45. The Nasdaq Composite Index <.IXIC> was up 9.38 points, or 0.53 percent, at 1,765.41.
(Reporting by Ellis Mnyandu; Editing by Padraic Cassidy)