Wall Street's main indexes jumped on Tuesday. All 11 major S&P indexes were up in morning trading, led by financial, healthcare and industrial stocks as investors also reined in some of the bets on post-vote volatility that dominated in recent weeks, Reuters reported. The benchmark S&P 500 has since risen 55% as lower tax rates under the Trump administration boosted corporate profits. The S&P banking subindex surged 2.5% to its highest in more than a week, while industrial stocks such as Caterpillar Inc and Honeywell International Inc rose about 2% each. At 01:01 p.m. ET, the Dow Jones Industrial Average rose 533.88 points, or 1.98%, to 27,458.93 and the S&P 500 gained 62.16 points, or 1.88%, to 3,372.40. The Nasdaq Composite gained 224.05 points, or 2.04%, to 11,181.66. Advancing issues outnumbered decliners 5.2-to-1 on the NYSE and 3.6-to-1 on the Nasdaq. The S&P index recorded 26 new 52-week highs and no new low, while the Nasdaq recorded 44 new highs and 17 new lows.
