Wall Street closes in positive territory after bank stress test – US economy grows faster

new York The US stock exchanges were supported by the positive results of the annual stress test for US banks and strong economic data. The Dow Jones index of standard values ​​closed 0.8 percent higher at 34,122 points on Thursday. The broader S&P 500 advanced 0.4 percent to 4,396 spots. The index of the technology exchange Nasdaq was after the recent price increases with 13,591 points on the spot.

According to the results of the annual stress test, the major banks active in the USA can withstand an economic crisis in an emergency. “Investors are relieved because these tests are really crucial,” said Thomas Hayes, a manager at wealth manager Great Hill. “The fact that the banks passed with flying colors tells us that our earlier fears about the banks were probably overblown.” Shares in major US banks Morgan Stanley, Goldman Sachs and Wells Fargo gained between 1.4 and 4.5 Percent.

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