U.S. stocks traded higher midway through trading, with the Dow Jones index gaining over 350 points on Tuesday.

The Dow traded up 0.70% to 52,204.49 while the NASDAQ climbed 1.30% to 25,838.45.

The S&P 500 also rose, gaining, 0.82% to 7,504.18.

Leading and Lagging Sectors Information technology shares jumped by 2% on Tuesday.

In trading on Tuesday, consumer staples stocks fell by 0.9%.