(Image by Gerd Altmann from Pixabay)
(CNBC) -- Stocks rose on Wednesday, fueled by a rally in tech stocks, as all major averages reached their highest point since early June.
The Nasdaq Composite jumped 1.58% to 11,897.65, and the S&P 500 advanced 0.59% to 3,959.90. Meanwhile, the Dow Jones Industrial Average was up 47.79 points, or 0.15%, to 31,874.84 — lagging the other two benchmarks and alternating between gains and losses during the session.
Wednesday marked the highest closing level for the Nasdaq since June 8 – and the highest since June 9 for the Dow and the S&P 500.
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