Stocks closed broadly higher on Wall Street after shaking off a wobbly start. Banks helped lead the gains as bond yields rose, which will allow banks to charge higher rates on…
(Newser) – Stocks closed broadly higher on Wall Street after shaking off a wobbly start. Banks helped lead the gains as bond yields rose, which will allow banks to charge higher rates on mortgages and other loans. Small-company stocks continued to outpace the rest of the market, as they have done since the beginning of the year.