Nasdaq sees sharp surge

The US stocks edged higher on Wednesday, with the tech sector leading the way as markets eyed third-quarter revenues. Risk appetite was firm globally. The Standard and Poor's 500 rose 98.45 points, or 1.31 percent, to close at 7,619.38. The Dow Jones Industrial Average added 253.29 points, or 0.48 percent, to settle at 52,485.18. The NASDAQ Composite saw the strongest gain of the session Wednesday, climbing 400.31 points, or 1.60 percent, to 25,466.19.

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