S&P 500, Dow hit record highs on bank earnings boost

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Wall Street's three main indexes ended higher, with the S&P 500 and the Dow breaking closing records and booking their fourth straight week of gains

The benchmark S&P 500 and the blue-chip Dow are on course for their fourth straight week of gains, while the technology-heavy Nasdaq

is less than a percent below its own all-time closing high on the back of upbeat economic data and a solid start to the first-quarter corporate earnings season. "You are just seeing blow out earnings from the banks and all the data pointing to a very strong reopening," said Thomas Hayes, chairman of Great Hill Capital.

 

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