Wall Street closed slightly higher Monday as the earnings season began its first full week.
The Dow Jones and Nasdaq both gained around the same amount.
M&T Bank topped the S&P 500, while other financial firms reported a mixed bag of profits for the first quarter of the year. The reports came after a slew of better than expected reports by some of the largest U.S. Banks that started the reporting season last week. Treasury yields increased as expectations grew that the Federal Reserve would raise interest rates next month.
The S&P500 rose by 13.68 points or 0.3% to 4,151.32.
The Dow Jones Industrial Average increased 100.71 points or 0.3% to 33,987.18.
The Nasdaq Composite rose by 34.26 points or 0.3%, to 12,157.72.
The Russell 2000 index for smaller companies increased 21.68 points or 1.2% to 1,802.84.
The S&P500 is up by 311.82 points or 8.1%.
The Dow has gained 839.93 or 2.5%.
The Nasdaq has gained 1,691.24 or 16.2%.
The Russell 2000 index is up by 41.59 points or 2.4%.