The three major U.S. stock indexes rose across the board on Tuesday, after a number of corporate earnings beat expectations.
The Dow once rose more than 400 points, and the gains narrowed slightly at the end; the Nasdaq rose nearly 1.3%.
The Dow Jones closed at 35,462 points, up 371 points or 1.06%; the S&P 500 closed at 4,521 points, up 37 points or 0.84%; the Nasdaq closed at 14,194 points, up 178 points or 1.28%.
American Express rose 3.26%, and Morgan Stanley rose 1.88%, the main driving force behind the rise in the Dow.
Major technology stocks also performed well, with Apple up 1.85%, Tesla up 1.62%, Alphabet up 0.2% and Amazon up 2.2%.
Drugmaker Pfizer's fourth-quarter revenue missed expectations and fell 2.84 percent on Tuesday.
Facebook was involved in the European user data turmoil, and parent company Meta bucked the trend and fell 2.1%.
Fed rate hike is imminent, Bank of America expects U.S. stocks will be under pressure and should suspend market bottom-seeking strategy Meta faces six major crises, betting on the life and death of the metaverse Alibaba applies to the U.S. SEC to register an additional 1 billion ADSs.
Snap rose by more than 50% before the market, and its revenue in the last quarter exceeded expectations. Facebook parent company Meta inserted 26%, and its market value evaporated by more than 1.8 trillion, the largest in U.S. history
