US STOCKS-Wall St climbs after Brexit-sparked selloff

martes 28 de junio de 2016 13:06 GYT

* Financial and tech stocks rebound

* Oil, bond yields rebound; gold falls

* Indexes up: Dow 0.8 pct, S&P 0.99 pct, Nasdaq 1.4 pct (Updates to early afternoon)

By Yashaswini Swamynathan

June 28 (Reuters) - Wall Street was higher on Tuesday as investors rushed to buy cheap after Britain's decision to leave the European Union wiped off $3 trillion from global markets over the last two trading days.

Banks, which were the worst hit since the referendum on Thursday, were among the most attractive stocks for bargain hunters. The S&P financial index rose 1.31 percent.

Morgan Stanley, Bank of America, Citigroup and JPMorgan were all up more than 2.5 percent while Goldman Sachs rose 1 percent.

Global equities commenced a downward spiral on Friday as investors scrambled to safe havens such as the yen and gold after the referendum threw questions over the future of the European Union.

A rebound in oil prices on Tuesday signaled an appetite for riskier assets, while gold retreated.   Continuación...