Wall Street ends higher, tech stocks lead gains By Reuters

© Archyde.com. The New York Stock Exchange outside on February 24, 2022. Archyde.com

NEW YORK (Archyde.com) – Major U.S. stock indexes ended higher on Tuesday, led by big gains for the Nasdaq, with technology shares recovering from recent losses, and sportswear and apparel maker Nike rallying after positive quarterly results.

Financial stocks also rose, with 10-year returns rising to 2.36 percent, making the index significant gains.

According to preliminary data, the benchmark Standard & Poor’s 500 index rose 51.38 points, or 1.15 percent, to 4,512.56 points at the close, while the Nasdaq Composite Index rose 270.91 points, or 1.96 percent, to 14,109.37 points. The industrial index also jumped, up 263.63 points, or 0.76 percent, to 34,816.62 points.

(Prepared by Mustafa Saleh for the Arabic Bulletin)

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