(Bloomberg) -- U.S. bank stocks sent the Dow Jones Industrial Average to a record and the Standard & Poor's 500 Index to its highest since September 2000 after JPMorgan Chase & Co. and Washington Mutual Inc. reported earnings that beat analysts' estimates.
JPMorgan was the second-best performer in the Dow industrials after the bank said profit was its most ever for a quarter. Washington Mutual, the biggest U.S. savings and loan, staged its steepest rally since May 2004 after posting a rise in profit at its card-services and retail-banking units.
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