GLOBAL MARKETS-Stocks rise on strong earnings, tech sector strength

The Dow Jones Industrial Average rose 0.86% to end at 35,768.06 points, while the S&P 500 gained 1.45% to 4,587.18. The Nasdaq Composite climbed 2.08% to 14,490.37.The pan-European STOXX 600 rose 1.7% with automakers leading gains with a 4.0% jump

WASHINGTON/LONDON: Wrld stocks rallied on Wednesday, with Wall Street rising again on a Big Tech boost and European shares gaining on strong earnings as investors put aside worries about rising interest rates for now.

The benchmark 10-year U.S. Treasury yield slipped from multi-year highs hit in the previous session, helping steady sentiment across global markets and boosting demand for growth stocks. The S&P 500 and the Nasdaq Composite jumped more than 1% as tech stocks extended their rally.