Stocks rally ahead of holiday week as banks lead the way

Stocks (^DJI, ^GSPC, ^IXIC) are rallying with bank stocks leading the way as investors digest the Federal Reserve’s stress test results. The energy (XLE) sector is most in the green, and the utilities (XLU) sector is most in the red. Alan Valdes of Silverbear Capital joins us live from the floor of the New York Stock Exchange to talk markets. To discuss the other big stories of the day, Yahoo Finance’s Seana Smith is joined by Jen Rogers and Pras Subramanian. Mark Zandi, chief economist of Moody’s Analytics also stops by, and we’ll get a summer movie check-in from Fandango Managing Editor, Erik Davis.

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