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US close: Banks rise on Fed approval, surging dollar eases

2015-03-13 03:30:27| Toys - Topix.net

US stocks rebounded from a two day losing streak on Thursday, as the dollar retreated from a 12 year high and a number of banks were approved by the Federal Reserve to raise dividends and buy back shares. At close, the Dow Jones Industrial Average was up 1.47% to 17,895.22, the S&P 500 climbed 1.3% to 2,065.95 and the Nasdaq Composite jumped 0.89% to 4,893.29.

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