Bank stocks enjoyed big gains Monday in the wake of government measures aimed at stimulating lending.

Investors appeared to anticipate a rush of new loans and further gains from bond trading following the Federal Reserve Board's cut in the discount rate and the drop in the fed funds rate on Friday.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.