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Empresas y finanzas

Wall Street higher on banks, but tech drags Nasdaq


    NEW YORK (Reuters) - The Dow and S&P 500 rose on Monday after Britain's Barclays buoyed hopes that some stabilization may be returning in banking, but large-cap tech shares weighed on the Nasdaq due to recession worries.

    Even so, investors were also comforted that new details could be forthcoming from the U.S. Treasury this week on the mechanics of cleansing bank balance sheets.

    Data showed a gauge of New York State manufacturing slipped to a record low in March, fueling some caution after a four-day run-up in the stock market.

    The Dow Jones industrial average gained 63.40 points, or 0.88 percent, to 7,287.38. The Standard & Poor's 500 Index added 8.24 points, or 1.09 percent, to 764.79. The Nasdaq Composite Index fell 0.48 points, or 0.03 percent, to 1,431.02.