US STOCKS SNAPSHOT-Wall St up as banks rally, but off for week

NEW YORK, May 21 (BestGrowthStock) – U.S. stocks (Read more about the stock market today. ) snapped a
three-day losing streak on Friday as investors bought
beaten-down bank shares on bets a financial reform bill won’t
be as onerous as some had feared.

The KBW bank index (.BKX: ) shot up 4 percent.

The Dow Jones industrial average (.DJI: ) added 125.38
points, or 1.25 percent, to 10,193.39, according to the latest
available figures. The Standard & Poor’s 500 Index (.SPX: ) rose
16.10 points, or 1.50 percent, to 1,087.69. The Nasdaq
Composite Index (.IXIC: ) gained 25.03 points, or 1.14 percent,
to 2,229.04.

For the week, though, indexes posted losses of 4 percent to
5 percent.

Stock Investing

(Editing by Kenneth Barry)

US STOCKS SNAPSHOT-Wall St up as banks rally, but off for week