Goldman Sachs gained 1.1 per cent after announcing that co-president Harvey Schwartz would retire, leaving David Solomon the sole president and next in line to become the investment bank's next chief executive.
The S&P 500 is up 109.41 points, or 4.1 per cent.
Technology (+0.3%) was among the top-performing sectors, with chipmakers setting the pace amid reports that Intel might look to acquire Broadcom, which is itself in pursuit of a deal for Qualcomm.
General Electric rose 2.2 percent and was the biggest boost to the Dow.
California Senior Immigration Official Quits, Accuses Officials of False Statements
Schwab for speaking the truth while under intense pressure to lie", she said in a statement to The Post. In his attack on Schaaf, Trump said 85 percent of the targeted immigrants had criminal records.
USA stock futures traded higher in early pre-market trade.
"The market was particularly optimistic that wage growth wasn't too hot for fear of inflationary concerns", said Andre Bakhos, managing director at New Vines Capital LLC in Bernardsville, New Jersey.
However, the S&P and the Dow have almost reclaimed those losses.
"Even as the markets are looking fairly positive in general, especially south of the border, it's really a very narrowly-focused group of technology stocks that are carrying nearly all of the gains".
Jeff Flake wants GOP primary challenge to Trump in 2020
Host Chuck Todd then asked Flake whether a Republican should challenge Trump, assuming he seeks the presidential nomination again. Dan Nowicki is national political reporter for The Arizona Republic, part of the USA TODAY NETWORK.
The S&P 500 index gave up 3.55 points, or 0.1 per cent, to 2,783.02.
About 25 minutes into trading, the Dow Jones Industrial Average was at 25,406.97, up 0.3 per cent. However, trade turned lacklustre through the course of the session as investors exercised caution ahead of data on inflation, retail sales, housing and industrial production, due in the coming days. The S&P 600 closed at 974.13 for a gain of 3.87 points or 0.40%.
Oclaro (OCLR.O) jumped 25 percent and was the most traded stock premarket after laser and optical fiber specialist Lumentum Holdings (LITE.O) said it would buy the optical components producer for $1.7 billion. Lumentum's shares rose 3.8 percent. On the Nasdaq, 1,509 issues rose and 860 fell.
Apple opens WWDC 2018 registration: June 4-8 in San Jose
Apple has reportedly shelved many exciting features intended for iOS 12, including a home screen redesign and several app tweaks. That said. reports indicate that a new low-end MacBook and smaller iPad Pro version may be breaking cover at this event.