The major indices are posting strong gains in excess of 1%, with all ten economic sectors are in positive territory.
Financials are providing leadership with a 2.4% gain. JPMorgan Chase (JPM 44.00, +1.88) and Wells Fargo (WFC 29.44, +1.63) are posting hefty gains as traders embrace their better than expected earnings results.
Tech (+1.6%) is also showing strength, with Intel (INTC 22.14, +1.23) Leading the way.
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