Wall Street closes higher fueled by tech rally, soft inflation data

The S&P 500 gained 53.33 points, or 0.79%, to end at 6,774.76 points, while the Nasdaq Composite gained 313.04 points, or 1.38%, to 23,006.36. The Dow Jones Industrial Average rose 65.88 points, or 0.14%, to 47,951.85.