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US stocks rise as tech shares rebound
TIWN
TIWN
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New York, Aug 13 (TIWN) US stocks ended higher as major tech shares recouped some of their losses from the prior session.
The S&P 500 gained 1.4%, its biggest one-day jump since July 6, to close at 3,380.35. In the final hour of trading, the broader market index briefly traded above its record closing high of 3,386.15. The index also ended the session just 0.4% shy of its intraday all-time high of 3,393.52
The Dow Jones Industrial Average jumped 289.93 points, or 1.1%, to close at 27,976.84. The Nasdaq Composite outperformed, rallying 2.1% to 11,012.24.
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