(AP:NEW YORK) Wall Street resumed its advance Tuesday as investors bought up technology and financial stocks to beef up their portfolios on the last day of the quarter.
Analysts attributed much of the market's gain to large investors loading up on rising stocks in order to report strong holdings at the end of the first quarter, which ends on Tuesday.
Investors shrugged off lackluster economic data and snatched up some of the biggest names in technology and banking including Google Inc., International Business Machines Corp., Bank of America Corp. and Citigroup Inc.
