Shares of technology companies led major U.S. indexes higher, as investors warmed up again to riskier stocks again following the Federal Reserve’s indication that it will hold interest rates steady this year. Apple, Micron Technology and other fast-growing stocks rose in a broad rally that continued to pick up momentum as the trading day progressed. The gains pulled the Dow Jones Industrial Average and the S&P 500 higher for the first time in three trading sessions, recouping their losses from earlier in the week.
Source: Wall Street Journal March 21, 2019 09:40 UTC