NEW YORK (Reuters) - U.S. stocks rallied on Friday, lifted by gains in technology stocks and a retreat in Treasury yields as the Federal Reserve eased concerns about the path of interest rate hikes this year.
The Dow Jones Industrial Average rose 348.61 points, or 1.4 percent, to 25,311.09, the S&P 500 gained 43.44 points, or 1.61 percent, to 2,747.4 and the Nasdaq Composite added 127.30 points, or 1.77 percent, to 7,337.39.
(Reporting by Chuck Mikolajczak; Editing by James Dalgleish)
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