Stocks Finish Volatile Session Higher
U.S. stock indexes climbed in a volatile session Tuesday as investors continued to assess the outlook for inflation and economic growth.
The S&P 500 rose 39.25 points, or 1%, to 4160.68, driven by gains in 10 of the index’s 11 sectors. The Nasdaq Composite climbed 113.86 points, or 0.9%, to 12175.23. The Dow Jones Industrial Average increased 264.36 points, or 0.8%, to 33180.14. All three indexes had opened modestly lower after a profit warning from Target cast a pall over the retail sector.