Banks and tech drive Wall Street up over 1%

Banks and tech drive Wall Street up over 1% Wall Street surged more than 1 percent on Tuesday and the Nasdaq had its strongest day in three months as investors made peace with the possibility that the US Federal Reserve might soon raise interest rates.

The Dow Jones industrial average jumped 1.22 percent to end at 17,706.05 and the S&P 500 rallied 1.37 percent to 2,076.06. The Nasdaq Composite surged 2 percent to 4,861.06.


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Posted in: Indian Market Tips