US stocks close higher, tech and bank stocks rally
iStock/Thinkstock(NEW YORK) — Wall Street closed in the green on Friday with gains led by technology companies and banks.
The Dow Jones Industrial Average soared 347.51 (+1.39 percent) to finish the session at 25,309.99.
The Nasdaq jumped 127.31 (+1.77 percent) to close at 7,337.39, while the S&P 500 finished trading at 2,747.30, up 43.34 (+1.60 percent) for the day.
Crude oil prices climbed more than 1 percent at about $63.50 per barrel.
Winners and Losers: Shares of Hewlett Packard Enterprise jumped 10.54 percent after its first quarter financial results beat anaysts’ expectations.
General Mills (-3.57 percent) announced Friday it would buy Blue Buffalo Pet Products (+17.23 percent) for $8 billon.
Shares of Bank of America climbed 1.07 percent.
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