Activity was muted on Wall Street on Thursday, as investors took a wait-and-see approach amid a flurry of earnings reports on banks and other market sectors.

A half-hearted afternoon rally helped the Standard & Poor's bank index reach 558.71, a 0.84% increase, while the S&P 500 broad market index jumped 0.68% to 913.7. The Dow Jones industrial average of 30 blue chip stocks rose 44.33 points, or 0.56%, to 7,886.76.

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