The Dow Jones Industrial Average rose 0.92% to end at 34,314.67 points, while the S&P 500 gained 1.05% to 4,345.73.The Nasdaq Composite climbed 1.25% to 14,433.83.
NEW YORK/MILAN: Global equity markets rallied on Tuesday as U.S. and European tech stocks rebounded and the dollar strengthened ahead of U.S. payrolls data on Friday that could reveal the Federal Reserve's next move on tapering its support to the economy.
Most major U.S. and European stock indices rose more than 1%, while yields on the 10-year U.S. Treasury note, a touchstone for investor sentiment, edged above 1.5%. Another jump in crude oil futures fueled inflation fears.
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