Summary Box: Banks lead stocks up; Gap sales jump

Summary Box: Goldman, Morgan Stanley, other banks lead stock market higher; Retail sales rise

Associated Press

GREEK RELIEF: A panel ruled that Greece's plan to restructure its debt should not trigger any bond-insurance payments, at least not yet. Bank stocks pushed higher as a result. Goldman Sachs rose 5.2 percent and Morgan Stanley 3.5 percent.

GAP SPRINGS: Gap soared 7.2 percent, the most in the S&P 500 index. The clothing retailer said a key sales figure rose 4 percent in February, helped by strong demand for spring clothing at its Banana Republic chain. Analysts had expected sales to drop.

JOBS: The number of people seeking unemployment benefits fell last week to the lowest level since March 2008.

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