US stocks rise on tech gains; Nasdaq reaches … – Investing.com Brazil

(Reuters) – reached historical maximum intraday on Tuesday, with gains in the US stock market led by technology and financial companies, as investors assess prospects for a high interest in the uS this year.

at 14:11 (GMT), the Nasdaq advanced 0.32 percent to 5,261 points, after reaching a historical maximum intraday earlier. The rising 0.16 percent to 18,558 points. The Standard & amp; Poor’s 500 had gained 0.28 percent to 2,188 points.

With the season of the US balance coming to an end, the focus shifts to the speech chair of the Federal Reserve, Janet Yellen, in sexta- Friday in Jackson Hole, searching for clues about when the US central bank will raise interest rates.

traders are betting that the chance of higher interest rates in September was 15 percent and in December is by 40 percent, according to FedWatch tool CME Group.

the technology index gained about 0.6 percent, driven by advances in shares of Apple and Microsoft, among others. The financial index rose about 0.4 percent.

(For Yashaswini Swamynathan)

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