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Stocks close higher as tech names lead a turnaround, Dow adds 300 points

'Every day that something doesn't break is a good day'

By WND News Services
Published March 29, 2023 at 4:25pm

(CNBC) -- Stocks rose broadly Wednesday, as strong gains in tech helped the Nasdaq rebound after a losing session. Sentiment was also lifted by easing concerns around the state of the banking sector.

The Dow Jones Industrial Average surged 323.35 points, or 1%, to close at 32,717.60. The S&P 500 gained 1.4% to end at 4,027.81, and the Nasdaq Composite added nearly 1.8% to close at 11,926.24.

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Big Tech shares also rose. Meta and Netflix added more than 2%, and Apple closed nearly 2% higher. Amazon jumped more than 3%.

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