Stocks ended higher Tuesday, finding their footing a day after the Dow Jones Industrial Average snapped a five-day winning streak following hawkish comments by Federal Reserve Chairman Jerome Powell. The Dow Jones Industrial Average finished around 255 points higher, up 0.7%, near 34,807, according to preliminary figures, while the S&P 500 rose around 50 points, or 1.1%, to close near 4,512. The Nasdaq Composite ended near 14,109, jumping 2%. Powell on Monday said the Fed could hike rates in half-point increments at future meetings if deemed necessary to rein in inflation.
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