US STOCKS-Energy, bank stocks lead Wall St higher

miércoles 5 de octubre de 2016 16:22 GYT

* Services sector growth much higher than expected

* Financials rise on prospect of Fed rate hike

* Oil prices touch multi-month highs

* Indexes up: Dow 0.62 pct, S&P 0.43 pct, Nasdaq 0.5 pct (Updates to market close)

By Rodrigo Campos

NEW YORK, Oct 5 (Reuters) - Stocks on Wall Street rose Wednesday led by the energy sector as oil prices rallied and as financials gained on the increasing likelihood of an interest rate hike after strong economic data.

Activity in the U.S. services sector hit an 11-month high in September, an encouraging sign for economic growth that may nudge the Federal Reserve toward an interest rate increase before the year ends.

Banks, seen benefiting from an eventual rate hike, gained 2 percent as a group -the most for any day in two months.

"We're taking a little victory lap today after the surprisingly good economic data," said Kim Forrest, senior equity research analyst at Fort Pitt Capital Group in Pittsburgh.   Continuación...