Banking stocks mostly advanced alongside rising bond prices in Wednesday's markets.

In late trading, J.P. Morgan & Co. advanced $1.125 to $72, State Street Boston Corp. gained $1 to $38.875, Huntington Bancshares was up $1 to $23.875, Signet Banking Corp. rose $1 to $33.25 and First Bank System improved 87.5 cents to $29.50.

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