Markets reversed early losses to close higher after the release of solid forward economic indicators and manufacturing data. Stocks were trending lower early in the session after the Federal Reserve brought forward expectations for when it may raise interest rates. Bank stocks such as JP Morgan preformed well, with some speculation that capital releases after upcoming stress tests may further buoy the sector, which has lagged the broader market so far this year.
Subscribe to TheStreetTV on YouTube:
For more content from TheStreet visit:
Check out all our videos:
Follow TheStreet on Twitter:
Like TheStreet on Facebook:
Follow TheStreet on LinkedIn:
Follow TheStreet on Google+:
source
