Wall Street ends higher; banks gain following results, chips rally with TSMC

Goldman Sachs and Morgan Stanley both reported a rise in quarterly profit, helped by a flurry of dealmaking. Shares of Goldman rose 4.6%, giving ‌the Dow its ‌biggest boost, and Morgan Stanley gained 5.8%. Earlier this week, other banks reported mixed results that weighed on the sector, along with worries about U.S. President Donald Trump's proposed ‌one-year cap that would limit credit-card interest rates to 10%. Investors are still buying stocks that are undervalued compared with tech, said Jake Dollarhi ...