US closes higher, Dow climbs more than 300 pts - Breaking The News
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US closes higher, Dow climbs more than 300 pts

EPA-EFE/JUSTIN LANE

Major US stock markets closed higher on Tuesday, with the Dow Jones up more than 300 points and ahead of inflation data to be released at the end of the week.

During the day, it was learned that a San Francisco judge denied the Federal Trade Commission's request for an injunction to prevent Microsoft from finalizing its acquisition of Activision Blizzard. Meanwhile, Boeing and Intel said they are joining forces in microelectronics for the aerospace industry, and the Fed continued to caution that there is still more room to raise interest rates.

At the close, the Dow Jones gained 0.93% or 316 points, with 3M rising 4.83%. The Nasdaq 100 added 0.49%, Activision Blizzard was leading the gains, improving by 10.02%. The S&P 500 rose 0.67%, as Newell Brands increased by 11.02%.

The euro was flat against the dollar at 3:58 pm ET, selling for $1.10061.

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