Wall Street Rises as Tech Stocks Rebound
Wall Street indexes closed higher as technology stocks rebounded from a selloff ahead of Nvidia results. Investors also found relief in declining oil prices and bond yields. Markets now await upcoming inflation data and upcoming Federal Reserve commentary.
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Wall Street's main indexes closed higher on Tuesday, led by a technology rebound as investors braced for NVIDIA CORP's earnings report. The S&P 500 rose 23.76 points to 7,676.62, easing pressure from a recent bond market rout. The advance sets a tentative tone for September, which historically ranks as a weaker month for equities.
