The major benchmarks are at their highs of the year and the two things that helped get them there are the same two things that held the Broader Market back for so long, china and the financials. Data out of china overnight put po expan in a buying mood. For the first time in nine months but it was earnings from jp morgan that sparked rally in the beleaguered Banking Sector helping stocks across the board. By the closing bell all the indexed gained more than 1 . The Dow Jones Industrial average rose 187 points 17,908. The nasdaq added 75. The s p 500 was up 20. Bob pisani has more on the rally in the years worst performing sector. Reporter jp morgan kicked off earnings season for the big banks and markets and the news was positive because they beat expectations and ceo jamie diamond wa modestly upbeat noting the u. S. Economy continues to chug along. Now if that doesnt sound like much, rem, most bank stocks are down more than 10 this year including jp morgan. Theyve been like zombies wa
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