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Stocks rise again, led by banks and tech companies

Stocks rise again, led by banks and tech companies

U.S. stocks rose Wednesday as technology companies traded higher for the second day in a row and consumer companies gained steam as cruise lines rose. The beleaguered financial sector recovered some of its losses from earlier this year.

Stocks started the day sharply higher, following a jump in European markets, although they returned some of those gains as the day wore on. Oil prices followed the same pattern and finished a few cents higher. Cruise lines rose after Carnival posted strong first-quarter results, and the dollar weakened further. Stocks are up about 7% this month, part of a rally that has canceled out their losses from a disastrous start to the year.

“The...

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