Stocks soared for the second session in a row on hopes that the Federal Reserve and other central banks would ease back from the hawkish stances they've adopted in recent months.
That was good news for software stocks , which tend to be more sensitive to the macro-level economy than the rest of the market, and Salesforce (NYSE: CRM) , HubSpot (NYSE: HUBS) , and MongoDB (NASDAQ: MDB) all recorded strong gains on the day.
At the market close, Salesforce was up 5.3%, HubSpot finished 5% higher, and MongoDB had gained 4.8%.
For further details see:
Why Salesforce, HubSpot, and MongoDB Stocks Were Climbing Today