Bank stocks rebound, lifting Wall Street and European markets.

Stocks are rising on Wall Street, including the most beaten-down banks, on hopes for more help from the US government. The S&P 500 was 1% higher in early trading, and the Dow Jones Industrial Average was up 294 points, or 0.9%. Shares of smaller and mid-sized banks rose after prepared remarks indicated Treasury Secretary Janet Yellen would tell a bankers’ group more government assistance “could be warranted” if risks arise that could bring down the system. The Federal Reserve is beginning its latest meeting on interest rates Tuesday, with an announcement slated for Wednesday.