United States stocks close higher as investors relax after Irma

S&P 500, Nasdaq end at record highs as banks lead rally

Wall Street was in the green on Tuesday with bank stocks rising.

The gains helped lift the S&P 500, Dow Jones index and Nasdaq to new highs, extending the rise on Monday, when shares rallied on hopes Hurricane Irma would be less damaging than feared.

Financial firms were among the biggest gainers, while real estate and utility firms lagged.

"It's a better environment for risk assets".

Crude oil was about 0.46 percent higher with prices at $48 per barrel.

At 1115 BST, Dow Jones Industrial Average and Nasdaq futures were up 0.2%, while S&P 500 futures were 0.1% higher. Apple's release date of November 3 was later than some investors had expected.

U.S. benchmarks started lower on Wednesday, to slip from record highs, as traders digested the fallout from the Apple (NASDAQ:AAPL) launch.

WADA Reveals One Key Factor Behind Clearing of 95 Russian Athletes
His 144-page independent study concluded more than 1,000 Russians benefitted from the doping programme across 30 sports. The cyclists allege they were "unfairly implicated".

"There were no blockbuster surprises although what they're doing with the products is all pretty good", said Ghriskey.

Apple was the second-biggest drag on the S&P behind McDonald's, which fell more than 3 percent on concerns about its third-quarter results.

Financials, the biggest upward driver on the S&P, rose 1.2 percent, helped by a 1.8 percent jump in the bank subsector. All three indexes closed at new all-time highs.

Shares in Goldman Sachs increased by more than 2%, after the firm discussed a growth plan meant to drive revenue gains in coming years.

Advancing issues outnumbered declining ones on the NYSE by a 1.76-to-1 ratio; on Nasdaq, a 1.60-to-1 ratio favored advancers.

The TSX on the Toronto exchange shed 5.65 at 15,149.

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