U.S. stocks close higher on tech momentum-Xinhua
NEW YORK, Oct. 6 (Xinhua) -- U.S. stocks ended higher on Tuesday, buoyed by continued strength across the AI sector and a modest retreat in U.S. Treasury yields from multi-decade highs. The S&P 500 hit both an intraday high and a record closing high while Nasdaq posted a second consecutive record high on Tuesday. The Dow Jones Industrial Average rose 253.38 points, or 0.49 percent, to 51,521.28. The benchmark S&P 500 added 44.98 points, or 0.58 percent, to 7,818.93, while the tech-heavy Nasdaq Composite Index climbed 122.48 points, or 0.45 percent, to finish at 27,599.79. Ten of the 11 primary S&P 500 sectors closed in positive territory, with utilities and consumer discretionary leading the advancers by jumping 3.01 percent and 1.39 percent, respectively. Bucking the bro...
