How major US stock indexes fared Tuesday

U.S. stocks rallied to their highest level in more than a month on Tuesday after China’s government moved to inject more life into its economy by cutting taxes and increasing spending. Netflix led a surge in high-tech companies.

On Tuesday:

The S&P 500 index gained 27.69 points, or 1.1 per cent, to 2,610.30.

The Dow Jones Industrial Average rose 155.75 points, or 0.7 per cent, to 24,065.59.

The Nasdaq composite surged 117.92 points, or 1.7 per cent, to 7,023.83.

The Russell 2000 index of smaller-company stocks added 12.40 points, or 0.9 per cent, to 1,445.22.

For the week:

The S&P 500 is up 14.04 points, or 0.5 per cent.

The Dow is up 69.64 points, or 0.3 per cent.

The Nasdaq is up 52.36 points, or 0.8 per cent.

The Russell 2000 is down 2.17 points, or 0.1 per cent.

For the year:

The S&P 500 is up 103.45 points, or 4.1 per cent.

The Dow is up 738.13 points, or 3.2 per cent.

The Nasdaq is up 388.56 points, or 5.9 per cent.

The Russell 2000 is up 96.66 points, or 7.2 per cent.