Nasdaq, S&P 500 close higher on Meta bump, Fed lift

According to preliminary data, the S&P 500 gained 61.05 points, or 1.48 per cent, to end at 4,180.26 points, while the Nasdaq Composite gained 384.91 points, or 3.26 per cent, to 12,201.23. The Dow Jones Industrial Average fell 38.26 points, or 0.11 per cent, to 34,054.70.