Wall Street gains as Apple, tech rebound; oil lifts energy shares


The Dow Jones Industrial Average rose 113.99 points, or 0.44 percent, to 25,971.06, the S&P 500 gained 10.76 points, or 0.37 percent, to 2,887.89 and the Nasdaq Composite added 48.31 points, or 0.61 percent, to 7,972.47.

US stocks rose on Tuesday as Apple led a jump in technology shares and a gain of more than 2 percent in oil prices drove up energy shares.

Apple rose 2.5 percent, boosting the three major indexes, a day ahead of its expected unveiling of new iPhone models.

The S&P technology sector gained 0.8 percent, its biggest percentage jump in two weeks, also boosted by Microsoft , up 1.7 percent, and Facebook , up 1.1 percent.

The energy index , up 1 percent, helped to lift the S&P 500, with shares of Exxon Mobil up 1.4 percent and Chevron up 0.5 percent. Oil prices rose after US sanctions squeezed Iranian crude exports and tightened global supply.

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