Dow Jones rose nearly 400 points, S&P crossed the 4,000 mark

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US stocks rallied on Tuesday (November 22), as Wall Street focused on a string of strong earnings reports and the possibility of smaller rate hikes in the future.

Closing Tuesday’s session, the Dow Jones Industrial Average rose 397.82 points, or 1.18%, to 34,098.10 points. The S&P 500 index advanced 1.36% to 4,003.58 points, closing the session above 4,000 points for the first time since September 2022. The Nasdaq Composite added 1.36% to 11,174.41 points.

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