Wall Street Piles More Onto Big Start to Year as Tech Surges

Wall Street Piles More Onto Big Start to Year as Tech Surges
Logos the New York Stock Exchange adorn trading posts on the floor on March 16, 2022. Richard Drew/AP Photo
|Updated:

NEW YORK—Wall Street’s bang to start the year got even bigger Thursday, as tech stocks and a surge for Facebook’s parent company led the market higher.

The S&P 500 rallied 1.5 percent a day after hitting its best level since August. The Nasdaq composite soared 3.3 percent, while the Dow Jones Industrial Average lagged because it has less of an emphasis on tech. It slipped 39 points, or 0.1 percent.