Wall Street’s main indexes jumped on Wednesday, led by gains in technology and financial stocks, as signs of progress in Ukraine-Russia peace talks lifted sentiment ahead of a widely expected interest rate hike by the Federal Reserve.
Ten of the 11 major S&P sectors rose in early trading, with financials up 2.1 percent. Morgan Stanley climbed 3.5 percent, as big banks gained in anticipation of the first rate increase since 2018.
