Federal Reserve approved their plans

NEW YORK | Banks rally and lead US stocks higher as 2nd quarter ends

NEW YORK — U.S. stocks are rising Friday morning as banks rally after the Federal Reserve approved their plans to increase their dividends and buy back more stock. Wells Fargo is leaping after it said it will repurchase $24.5 billion in stock. Nike is climbing after it reported strong results in its latest quarter including … Continue reading NEW YORK | Banks rally and lead US stocks higher as 2nd quarter ends