NEW YORK | Tech and health care stocks take US indexes higher
NEW YORK— U.S. stock indexes are rising Wednesday morning as software maker Salesforce leads a rally in technology companies. Health care stocks are also higher. Luxury retailer Tiffany is dropping after it said tourists from China pulled back on spending in its latest quarter, which hurt its sales.
Federal Reserve Chairman Jerome Powell will give a speech later in the day and investors who are worried about slowing economic growth will look for hints the Fed might be willing to raise interest rates at a slower pace.