NEW YORK, New York - U.S. stocks closed sharply higher on Tuesday, with all three major indexes posting robust gains as technology shares led a broad-based rally. The Dow Jones Industrial Average surged more than 1,100 points, while the Nasdaq Composite jumped nearly 4 percent.

The Standard and Poor's 500 climbed 184.75 points, or 2.91 percent, to end at 6,528.47. The benchmark index traded within a session range of 6,395.88 to 6,539.05.

The Dow Jones Industrial Average soared 1,125.07 points, settling at 46,341.21, a gain of 2.49 percent. The blue-chip index touched an intraday high of 46,383.40.

The technology-heavy Nasdaq Composite outperformed, advancing 795.99 points to close at 21,590.63, a jump of 3.83 percent.

U.S. Dollar Gains Ground - Euro, Pound, Yen Rebound

The U.S. dollar put in another solid performance against major currencies on Tuesday, with the euro posting solid gains while the Japanese yen recovered lost ground, according to the latest foreign exchange data.

The euro strengthened significantly against the greenback, with the EURUSD pair trading at 1.1555, marking an increase of 0.80 percent. This move higher signals renewed demand for the common currency in Tuesday's trading session.

Meanwhile, the Japanese yen also strengthened against the dollar. The USDJPY pair settled at 158.76, retreating 0.56 percent as the U.S. currency lost ground against its Asian counterpart.

The British pound saw positive momentum. GBPUSD rose to 1.3237, an appreciation of 0.39 percent, reflecting continued strength for sterling.

In commodity-linked currencies, the Australian dollar posted notable gains. The AUDUSD pair advanced to 0.6900, up 0.71 percent, while the New Zealand dollar followed suit, with NZDUSD trading at 0.5746, a rise of 0.45 percent.

The Canadian dollar remained relatively flat against the U.S. dollar. USDCAD edged up marginally to 1.3923, a minimal increase of 0.01 percent, indicating a stable session for the loonie.

The Swiss franc weakened slightly, with USDCHF trading higher at 0.7997, a gain of 0.18 percent for the greenback against the safe-haven currency.

European Stock Markets Post Modest Gains

Major European indices ended Tuesday with moderate advances, supported by gains in financial and industrial sectors.

The FTSE 100 in London rose 48.49 points to 10,176.45, a gain of 0.48 percent. Germany's DAX added 117.16 points, closing at 22,680.04 for an increase of 0.52 percent. France's CAC 40 climbed 44.49 points, or 0.57 percent, to 7,816.94.

The broader EURO STOXX 50 gained 27.94 points, finishing at 5,569.73, up 0.50 percent, while the Euronext 100 Index rose 0.74 percent to 1,733.94. Belgium's BEL 20 advanced 43.18 points, or 0.86 percent, to 5,073.12.

Markets in Canada Soar

In Toronto, the S&P/TSX Composite Index added 833.10 points, or 2.61 percent, finishing the session at 32,768.04.

Asia-Pacific Markets End Mixed

Equities in Asia finished Tuesday with divergent results, as Japan and South Korea saw declines while Australia and New Zealand notched gains.

Japan's Nikkei 225 fell 822.13 points to 51,063.72, a loss of 1.58 percent. South Korea's KOSPI Composite dropped sharply, shedding 224.84 points to close at 5,052.46, down 4.26 percent.

In contrast, Australia's S&P/ASX 200 added 20.80 points, or 0.25 percent, ending at 8,481.80. The broader ALL ORDINARIES rose 26.40 points, or 0.30 percent, to 8,683.90. New Zealand's S&P/NZX 50 climbed 163.19 points, up 1.28 percent, to settle at 12,912.11.

Hong Kong's Hang Seng Index eked out a small gain of 37.35 points, or 0.15 percent, to finish at 24,788.14. Singapore's STI Index edged lower by 11.81 points, a decline of 0.24 percent, closing at 4,885.45.

Mainland China's SSE Composite Index slipped 31.43 points, or 0.80 percent, to 3,891.86. Taiwan's TWSE fell 2.45 percent to 31,722.99, while India's BSE Sensex tumbled 1,635.67 points, or 2.22 percent, to 71,947.55.

Elsewhere in the region, Malaysia's KLCI rose 0.15 percent to 1,690.36, Indonesia's IDX Composite lost 0.61 percent to 7,048.22, 

Middle East and African Markets

Egypt's EGX 30 added 131.70 points, or 0.29 percent, to 45,321.60, while andIsrael's TA-125 advanced 1.90 percent to 4,016.79.

South Africa's Top 40 USD Net TRI Index gained 1.90 percent to 6,674.87.

Trading volumes and broader market sentiment continued to reflect investor focus on central bank policy signals and upcoming economic data releases later in the week.

(This report incorporates quotes retrieved with the assistance of artificial intelligence).

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