Tech leads as US stocks again end higher

NEW YORK - Tech shares led US stocks higher on Tuesday , with Apple launching new products as markets continued to climb back from a two-week slide.The Dow Jones Industrial Average ended up a hair at 27,995.60, while the broad-based S&P 500 gained 0.5 per cent to 3,401.20.

The ebbing of enthusiasm coincided with Apple's event unveiling a new smartwatch and a new subscription service bundling music, news and TV. Apple ended up 0.2 per cent. Markets are looking ahead to a two-day Fed meeting concluding Wednesday with a press conference at which Chair Jay Powell is expected to maintain an accommodative stance.

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