Stocks rose Tuesday as traders returned from a long holiday weekend in the U.S. and eyed signs of mounting support for significant fiscal stimulus out of Washington.
Each of the three major indexes advanced, and the Nasdaq outperformed with a jump of more than 1%. Bank stocks were mostly higher after Dow-component Goldman Sachs (GS) posted fourth-quarter results that handily exceeded expectations, even as Bank of America’s (BAC) quarterly report largely disappointed.
On Tuesday, the Senate…
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