Stocks rise on Wall Street, led by tech, banks; oil near $79
Stocks rise on Wall Street, led by tech, banks; oil near $79
By DAMIAN J. TROISE and ALEX VEIGA
Technology companies and banks led stocks higher on Wall Street Tuesday, erasing most of the market’s losses from a broad sell-off a day earlier.
The rally, which lost some momentum in the final hour of trading, left the S&P 500 1.1% higher. About 73% of the companies in the benchmark index rose.
Technology stocks did much of the heavy lifting for the broader…