Stocks closed higher on Wall Street Tuesday as technology stocks rallied following a weak start.
Retailers and health care companies also made solid gains. Smaller company stocks outpaced the broader market in a sign of confidence about economic growth.
The S&P 500 rose 70.52 points, or 1.6%, to 4,462.21.
The Dow Jones Industrial Average rose 499.51 points, or 1.5%, to 34,911.20.
The Nasdaq rose 287.30 points, or 2.2%, to 13,619.66.
The Russell 2000 index of smaller companies rose 40.63 points, or 2%, to 2,030.77.
For the week:
The S&P 500 is up 69.62 points, or 1.6%.
The Dow is up 459.97 points, or 1.3%.
The Nasdaq is up 268.58 points, or 2%.
The Russell 2000 is up 25.79 points, or 1.3%.
For the year:
The S&P 500 is down 303.97 points, or 6.4%.
The Dow is down 1,427.10 points, or 3.9%.
The Nasdaq is down 2,025.31 points, or 12.9%.
The Russell 2000 is down 214.55 points, or 9.6%.
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