Wall Street closes higher with help from technology stocks

Wall Street closes higher with help from technology stocks

U.S. stock index futures rose on Wednesday, setting up Wall Street for a fourth straight day of gains, as rising expectations of a trade deal between the United States and China boosted demand for risk assets across the world.

Traders work on the floor of the NYSE in New York
FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 8, 2019. REUTERS/Brendan McDermid

REUTERS: Wall Street rallied for a fourth session on Wednesday, propelled by Apple, chipmakers and other trade-sensitive stocks after signs of progress in trade talks between the United States and China.

The Dow Jones Industrial Average rose 91.54 points, or 0.38 percent, to 23,878.99, the S&P 500 gained 10.55 points, or 0.41 percent, to 2,584.96 and the Nasdaq Composite added 60.08 points, or 0.87 percent, to 6,957.08.

(Reporting by Sinéad Carew; editing by Jonathan Oatis)

Source: Reuters

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