New York - Major US stock indices posted strong gains Tuesday following Europe's lead, capping the US market's best month in nearly seven years.
Financial firms led the gains on signs that banks were starting to increase lending in the current recession. An index of financial companies jumped 6.7 per cent.
The rally comes ahead of an emergency summit of the Group of 20 major economies Thursday in London to help pull the world out of recession. US President Barack Obama and other world leaders began arriving Tuesday in London.