S&P 500 ends higher after strong bank earnings


The S&P 500 climbed 0.40% to end the session at 6,671.06 points. The Nasdaq gained 0.66% to 22,670.08 points, while the Dow declined 0.04% to 46,253.31 points.

NEW YORK: The S&P 500 ended higher on Wednesday, with Morgan Stanley and Bank of America rallying after solid quarterly results, while investors remained focused on the recent increase in China-US trade tensions.

Morgan Stanley's shares jumped 4.7% to a record high, while Bank of America rose 4.4% after the top lenders beat Wall Street estimates for third-quarter profit on dealmaking strength.

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