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Wall St rallies on strong tech, bank stocks

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Reuters NEW YORK

NEW YORK (Reuters) - Wall Street enjoyed its strongest day in a month on Tuesday, led by financial and technology stocks after encouraging U.S. factory and construction data suggested the world's biggest economy was regaining momentum.

The Dow Jones industrial average <.DJI> rose 347.45 points, or 2.1 percent, to 16,863.95, the S&P 500 <.SPX> gained 45.97 points, or 2.38 percent, to 1,978.2 and the Nasdaq Composite <.IXIC> added 131.65 points, or 2.89 percent, to 4,689.60.

(Reporting by Chuck Mikolajczak; Editing by Nick Zieminski)

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First Published: Mar 02 2016 | 2:41 AM IST

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