S&P 500, Dow hit record highs on bank earnings boost – Reuters
The S&P 500 and the Dow hit record highs on Friday after Morgan Stanley wrapped up quarterly earnings reports from the big U.S. banks with a profit surge, while optimism about a solid economic rebound put the main indexes on course for weekly gains.
Nine of the 11 S&P indexes were trading higher, with only the communication services (.SPLRCL) and information technology (.SPLRCT) indexes edging lower after outperforming in the previous session.
Wall Street’s three main indexes have bounced this month…
