US major stock indices closed higher on Wednesday, with the Dow Jones Industrial Average rising 1.05%, the S&P 500 gaining 0.68%, and the Nasdaq climbing 0.3%. Bank stocks outperformed, highlighted by Goldman Sachs increasing 1.4%, JPMorgan Chase advancing 3%, and Citigroup rising 1.5%.
The Nasdaq China Golden Dragon Index also saw a 0.65% increase, driven by Alibaba's nearly 2% rise and Huya's impressive 7% gain. These movements reflect a positive day for both US and Chinese stocks, particularly in the financial sector.
US Stock Indices Climb as Bank Stocks Lead Gains
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