Stock Market Gains As Consumer Confidence Rises; Techs Rise; Vaccine Stocks Pop

The stock market climbed Tuesday as a rise in consumer confidence and new peace talks between Russia and Ukraine sent stocks higher. Vaccine stocks popped after the Food and Drug Administration approved another round of booster shots.

The Nasdaq composite rose 1.4% and the S&P 500 gained 0.8% as technology, consumer discretionary and real estate sectors led the market. The Technology Select Sector SPDR (XLK) ETF rose 1.4%.

Apple (AAPL) rose 1.2% in heavy trading, climbing above the 176.75 buy point of a double-bottom base. The buy zone goes to 185.59.


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