Wall Street gains on banks, pullback seen (Reuters)

Anthony Chiasson, Level Global Investors LP co-founder leaves Manhattan Federal Court after being released on bail on charges of insider trading Wednesday, Jan. 18,  2012, in New York. Greed on Wall Street set a record, authorities said Wednesday as they unveiled a nearly $  78 million insider trading case that involved at least seven financial industry professionals and included a hedge fund co-founder who triggered a single trade that earned $  53 million in profits, the largest lone transaction ever prosecuted in Manhattan. (AP Photo/David Karp)Reuters – U.S. stocks rose on Thursday, putting the S&P on track for its third straight advance after earnings from Bank of America and Morgan Stanley lifted financials and strong demand at European bond auctions eased concerns over Europe.



Yahoo! News: Business News