U.S. Stocks Rally As Tech Leads Gains

U.S. equity markets rally Wednesday afternoon as investors look past Middle East tensions, with the S&P 500 up about 0.85%, Nasdaq up 1.5%, and the Dow climbing roughly 300 points. Gains are led by Technology and Consumer Discretionary after ISM Services PMI showed fastest expansion since mid-2022 and ADP reported 48,000 private-sector jobs in February. Stabilizing oil near $74–$75 and easing Treasury yields underpin cautious optimism ahead of Friday's payrolls.