What happened

US stock indices extended their gains, according to a report from Cailianshe published by East Money Information.

The Dow Jones Industrial Average was up 0.45%, the S&P 500 was up 1.01%, and the Nasdaq Composite was up 1.60% at the time of the report.

Why it matters

The move shows all three major US benchmarks trading higher, with the technology-heavy Nasdaq leading the advance, which suggests the strongest buying interest was in growth-oriented shares.

Because the figures are a snapshot from a single point in the session, they indicate the direction of the market at that moment rather than a settled close.

Key facts

The Dow Jones Industrial Average rose 0.45%.

The S&P 500 rose 1.01%.

The Nasdaq Composite rose 1.60%.

What to watch next

Whether the three indices hold or extend these gains through the rest of the trading session.

Whether the Nasdaq's larger gain over the Dow and S&P 500 persists as the session progresses.

Sources