NEW YORK (AP) – Stocks around the world pushed higher Tuesday, as markets gain strength following a shaky run the last couple of weeks. Shares of technology companies, retailers and metals miners helped lead the way in the United States.
With less nervousness in the market, prices for Treasury bonds, gold and other go-to investments for turbulent times fell.
KEEPING SCORE: The Standard & Poor’s 500 rose 15 points, or 0.6 percent, to 2,444 as of 11:30 a.m. Eastern time. If it stays up for the day, it would be the second gain in a row for the index, which recently closed out back-to-back losses the last two weeks.
The Dow Jones industrial average gained 126, or 0.6 percent, to 21,830, and the Nasdaq composite rose 62, or 1 percent, to 6,275.
QUIET TIMES AHEAD? Many analysts are expecting markets to drift sideways in upcoming weeks, with few market-moving events on the calendar. Central bankers from around the world will meet at the end of the week at a symposium in Jackson Hole, Wyoming, but analysts are unsure whether Federal Reserve Chair Janet Yellen or European Central Bank head Mario Draghi will say anything to surprise investors.