Wall St jumps driven by technology sector as yields…

by time news

2023-11-10 23:14:25

By Lewis Krauskopf and Amruta Khandekar and Shristi Achar A

(Reuters) – Wall Street’s main indexes closed sharply higher on Friday, boosted by technology and growth stocks, as Treasury yields lost steam, while investors await key reports next week on inflation and other economic data .

According to preliminary data, the S&P 500 gained 1.56% to 4,415.26 points. The Nasdaq technology index rose 2.06% to 13,799.47 points. The Dow Jones rose 1.16%, to 34,286.52 points.

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