Most bank stocks gained ground on Thursday as inflation fears eased and a bond market rally helped inspire a late surge that pushed the Dow Jones Industrial Average up 58.55.

Cincinnati's Fifth Third Bancorp. was up $1.50 to $53.25 in late trading. Also rising were Cleveland-based KeyCorp, up $1.125 to $32.625, Citicorp up 87.5 cents to $45, and Signet Banking Corp., Richmond, Va., up 50 cents to $37.75.

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