US stocks market push higher


Financial and technology shares were among the gainers early Tuesday as Wall Street stocks shook off recent weakness and pushed higher. Analysts attributed the gains to bargain-hunting after stocks have been pressured due to unease about the US political outlook and Friday’s summit of central bankers that could hearken a shift from easy-money policies since the 2008 financial crisis.
Bourses in Paris, Frankfurt and London also rose.
“We think market participants are simply cheered by the fact that there isn’t any prevailing sense of negativity in the news this morning; hence, they see an opening to try their hand at buying the dip that has dented the major indices in recent weeks,” said analyst Patrick O’Hare.
About 15 minutes into trading, the Dow Jones Industrial Average was at 21,805.38, up 0.5 percent. The broad-based S&P 500 rose 0.5 percent to 2,441.32, while the tech-rich Nasdaq Composite Index jumped 0.7 percent to 6,258.02.
Monsanto rose 0.1 percent after the European Commission announced it would open an in-depth investigation into the agricultural giant’s proposed $66 billion takeover by Germany’s Bayer due to antitrust concerns.


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