New york: Major indices on Wall Street ended Wednesday’s trading session with significant gains, driven by strong upward momentum across the board. The benchmark S and P 500 index climbed 79.06 points, or 1.08 percent, to finish at 7,432.67 points.

According to Emirates News Agency, tech stocks also posted solid gains, lifting the Nasdaq Composite by 398.33 points, or 1.54 percent, to settle at 26,269.04 points. Meanwhile, the Dow Jones Industrial Average added 647.44 points, or 1.31 percent, closing at 50,011.32 points.

The robust performance across the indices reflects positive investor sentiment and expectations of continued growth in the technology sector. This upward trend comes amidst a backdrop of economic optimism and strong corporate earnings reports, which have bolstered confidence in the market’s trajectory.