Markets Right Now: Banks lead early gains on Wall Street
NEW YORK — The latest on developments in financial markets (All times local):
9:35 a.m.
Stocks are opening modestly higher on Wall Street, led by gains in banks as interest rates continue to rise.
Investors were also encouraged by news of several more corporate deals early Monday.
Harman International, which makes audio, safety and entertainment systems for cars, soared 25 percent after agreeing to be acquired by Samsung Electronics.