Mumbai, March 25 -- The Dow settled higher by 597.97 points or 1.42%, at 42,583.32. The S&P 500 closed up 100.01 points or 1.76%, at 5,767.57, while the Nasdaq ended stronger by 404.54 points or 2.27%, at 18,188.59.

The tech sector posted more pronounced gains leading to a fine performance by US stocks. The market stayed positive as the mood remained bullish right through. Investors reacted to reports President Donald Trump plans to hold back some of the reciprocal tariffs set to take effect on April 2nd. Wall Street released a report revealing that Trump is narrowing his approach to the tariffs likely omitting a set of industry-specific tariffs. Bloomberg also said Trump's coming wave of tariffs is poised to be more targeted than the ba...