US stocks close with strong gains as tech leads way

ANKARA

US stocks closed with strong gains on Tuesday with tech companies leading the way.

The Dow Jones was up 371 points, or 1.06%, to finish at 35,462. The S&P 500 gained 37 points, or 0.84%, to 4,521.

The Nasdaq jumped 178 points, or 1.28%, to close the day at 14,194.

Intel, Microsoft, Apple and Tesla saw their stock prices gain more than 1.2% apiece. Amazon, Uber and Airbnb shares were up over 2% each.

The VIX volatility index, known as the fear index, plummeted 5.16% to 21.68.

The dollar index gained 0.21% to 95.60, and the yield on 10-year US Treasury notes increased 2.46% to 1.963%.

Precious metals were on the rise, with gold adding 0.36% to $1,826 per ounce and silver rising 0.87% to $23.21.

Crude oil prices were down for a second consecutive day, posting a daily decline of 1.8%.

Brent crude was trading at $91.10 per barrel, while US benchmark West Texas Intermediate was at $89.64.