Banks, tech companies power a stocks rebound

Stocks finished broadly higher on Wall Street Tuesday, erasing the market’s modest losses from a day earlier.

Financial, technology, and health care stocks accounted for much of the rally. Banks got a boost from rising bond yields, which let them charge higher rates on loans.

Energy companies led the S&P 500 higher as the price of US crude oil moved briefly above $60 a barrel. Oil hasn’t closed above $60 a barrel since November.

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