Wall Street stocks kicked off the trading week on a positive note on Tuesday, June 21, after an extended weekend due to the Juneteenth federal holiday, rising strongly after heavy sell-offs in the previous sessions.
Investors showed an appetite for riskier stocks. Tech and other growth stocks, which were hit particularly hard by concerns over interest rate hikes, rebounded strongly on Tuesday.
The S&P 500 increased by 2.4% to 3764.79. The Dow Jones rose 2.1% to 30530.25. The Nasdaq Composite jumped 2.5% to 11069.30, and the small-cap Russell 2000 gained 1.70% to 1694.03.