A resurgence in artificial intelligence stocks provided a boost to the U.S. market.
The S&P 500 climbed 1.3% on Wednesday, nearing a full recovery from the sharp sell-off seen last week that was sparked by strength in technology shares, the Nasdaq composite rallied 1.6%, while the Dow Jones Industrial Average gained 0.5%.
CoreWeave fueled the upward momentum after posting summer financial results that surpassed analyst expectations, helping the S&P 500 move within 2.6% of the record high it reached last month. Meanwhile, the U.S. bond market remained closed for the holiday, and oil prices saw an increase.
The S&P 500 rose 98.45 points, or 1.3%, to 7,619.38.
The Dow Jones Industrial Average rose 254.60 points, or 0.5%, to 52,486.49.
The Nasdaq composite rose 400.31 points, or 1.6%, to 25,466.19.
The Russell 2000 rose 24.89 points, or 0.9%, to 2,846.26.
The S&P 500 is up 242.52 points, or 3.3%.
The Dow is up 1,200.76 points, or 2.3%.
The Nasdaq is up 886.76 points, or 3.6%.
The Russell 2000 is up 92.16 points, or 3.3%.
The S&P 500 is up 773.88 points, or 11.3%.
The Dow is up 4,423.20 points, or 9.2%.
The Nasdaq is up 2,224.20 points, or 9.6%.
The Russell 2000 is up 364.36 points, or 14.7%.
