
U.S. indices finished higher Tuesday amid strength in Nike Inc (NYSE:NKE) following third-quarter earnings. Investors also weighed Monday comments from Fed chair Powell suggesting the Fed would take necessary steps to curb inflation.
- The Nasdaq composite finished higher by 1.95% to 14,108; The Invesco QQQ Trust Series 1 (NASDAQ:QQQ) gained 1.97% to $356.96
- The S&P 500 traded higher by 1.13% to 4,511; The SPDR S&P 500 ETF Trust (NASDAQ:SPY) gained 1.15% to $449.56
- The Dow Jones composite finished higher by 0.66% to 11,987; The SPDR Dow Jones Industrial Average ETF Trust (NASDAQ:DIA) finished higher by 0.78% at $348.12