Shares of banks and other financial institutions rose amid deal activity and relief at subsiding volatility.
There was a sense that a recent correction in technology investments had ended after Citadel stepped in to buy hedge-fund firm Situational Awareness's public-stock portfolio after the latter was almost wiped out by the selloff in AI stocks. Shares of Wall Street investment firms such as Apollo Global rose.
Apollo rival KKR is near a deal to take medical-device outsourcing company Integer Holdings private.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
