New York: US stocks ended higher on Tuesday. The S and P 500 added 129.56 points, or 2.51%, to 5,287.76. The Dow Jones Industrial Average rose 1,016.57 points, or 2.66%, to 39,186.98. The Nasdaq Composite Index increased by 429.52 points, or 2.71%, to 16,300.42.
According to Qatar News Agency, the positive performance was led by gains across various sectors, contributing to a strong day for US markets. Analysts noted that investor confidence appeared to be bolstered by recent economic data and corporate earnings reports.
The gains were widespread, with technology stocks leading the charge, pushing the Nasdaq to its impressive rise. Meanwhile, the industrials and financial sectors contributed significantly to the Dow’s advance. This upward trend in the market reflects optimism about the economic outlook, as investors remain hopeful for continued growth.