US Stocks Shrug Off Early Jitters To Close Higher

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2018-02-14 HKT 05:26

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  • Wall Street has closed higher for the third day in a row. File photo: AP

    Wall Street has closed higher for the third day in a row. File photo: AP

After a shaky start, US markets ended modestly higher on Tuesday, giving Wall Street its third gain in a row following a significant plunge over the previous two weeks.

Banks, retailers and technology companies were responsible for much of the gains. Wells Fargo climbed 2.7 percent, Amazon gained 2 percent and Apple increased 1 percent.

Under Armour jumped 17 percent after reporting a strong quarter.

The Standard & Poor's 500 index rose 0.3 percent to 2,662.

The Dow Jones industrial average rose 0.2 percent to 24,640. The Nasdaq composite increased 0.5 percent to 7,013. (AP)

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