US STOCKS-Wall St jumps as tech, bank stocks rally

martes 24 de mayo de 2016 13:02 GYT

* Twitter touches record low after brokerage downgrade

* Toll Brothers up on revenue beat

* New U.S. home sales touch 8-year high in April

* Indexes up: Dow 1.17 pct, S&P 1.25 pct, Nasdaq 1.71 pct (Updates to early afternoon)

By Tanya Agrawal

May 24 (Reuters) - The S&P 500 and the Dow Jones industrial average hit their highest in seven sessions on Tuesday, while the Nasdaq closed in on a one-month high as technology and financial stocks rallied.

Banking stocks got a big boost as investors speculated on the possibility of a June interest rate hike.

Bank of America and JPMorgan were up more than 1.5 percent, while Citigroup jumped 2.2 percent.

Microsoft was up 2.9 percent and provided the biggest boost to the Nasdaq and S&P 500, while Goldman Sachs' 1.4 percent rise lifted the Dow.   Continuación...