US stocks close higher supported by banks

File Reuters

UNITED STATES (VOP TODAY NEWS) — Banks led US stocks higher on Monday despite a drop in Boeing and Facebook as investors awaited a Federal Reserve meeting this week to confirm its commitment to a “patient” monetary policy.

The Dow Jones industrial average <.DJI> was up 66.11 points, or 0.26 percent, at 25,914.98. The Standard & Poor’s 500 index gained 10.54 points, or 0.37 percent, to 2,833.02. The Nasdaq Composite Index was up 25.95 points, or 0.34 percent, at 7,714.48.

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