U.S. stocks rose for a fourth straight day, led by solid gains for technology companies. The S&P 500 rose 0.7% Wednesday and the tech-heavy Nasdaq gained 0.8%. The Dow Jones Industrial Average rose 314 points, or 0.7%. Nvidia, Microsoft and Broadcom were among the tech stocks that drove the market’s gains. Financial services companies also fared well. Robinhood posted the biggest gain in the S&P 500, 10.9%, after saying it planned to expand its prediction markets business with the launch of a new exchange. The recent gains for stocks have been helped by rising hopes for another rate cut from the Federal Reserve next month.

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