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Beaten down banks, tech lead Wall St. rally

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Reuters NEW YORK
Last Updated : Apr 18 2017 | 1:48 AM IST

NEW YORK (Reuters) - U.S. stocks bounced back on Monday after the S&P 500 closed the previous session at a two-month low, in a broad rally led by recently beaten-down bank and technology shares.

The Dow Jones Industrial Average rose 183.67 points, or 0.9 percent, to 20,636.92, the S&P 500 gained 20.06 points, or 0.86 percent, to 2,349.01 and the Nasdaq Composite added 51.64 points, or 0.89 percent, to 5,856.79.

(Reporting by Rodrigo Campos; Editing by Dan Grebler)

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First Published: Apr 18 2017 | 1:38 AM IST

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