Wall Street surges over 1 percent, banks and tech rally

Wall Street surged over 1 percent on Tuesday, with solid gains in technology and bank shares as investors grew more comfortable with the possibility that the U.S. Federal Reserve might soon raise interest rates. Comments from several policymakers in recent days have investors expecting a rate hike potentially in June, much sooner than previously thought given sluggish economic growth. Wall Street has benefited from historically low borrowing costs since the 2008 financial crisis and higher rates