S&P Market News Update : Epic Research Singapore

U.S. stocks rallied to close higher Tuesday as investors scooped up bank and technology stocks, highlighting a renewed appetite for assets considered risky as oil stormed higher.

The S&P 500 SPX, +2.39%  advanced 46.12 points, or 2.4% to finish at 1,978.35, led by gains in financials, up 3.5%, and technology stocks, up 3.1%. Leaders on the S&P 500 included financial companies like Citigroup Inc. C, +6.23%  and Prudential Financial Inc. PRU, +6.39% tech companies Seagate Technology PLC STX, +5.96%  and Qorvo Inc. QRVO, +5.06%  and energy companies such as Range Resources Corp. RRC, +8.47% Chesapeake Energy Corp. CHK, +5.75%  and Anadarko Petroleum Corp. APC, +5.69%

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