NEW YORK, May 24 (Xinhua) -- U.S. stocks finished higher on Monday, buoyed by overall strength in tech shares.

The Dow Jones Industrial Average rose 186.14 points, or 0.54 percent, to 34,393.98. The S&P 500 was up 41.19 points, or 0.99 percent, to 4,197.05. The Nasdaq Composite Index jumped 190.18 points, or 1.41 percent, to 13,661.17.

Ten of the 11 primary S&P 500 sectors ended in green, with communication services and technology up 1.84 percent and 1.76 percent, respectively, leading the gainers. Utilities slipped 0.2 percent, the lone declining group.

Shares of major U.S. tech giants, or the so-called FAANG group of Facebook, Apple, Amazon, Netflix and Google-parent Alphabet, all closed higher.

U.S.-listed Chinese companies traded mostly lower with seven of the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on a downbeat note.

For the week ending Friday, the Dow declined 0.5 percent, the S&P 500 fell 0.4 percent, and the tech-heavy Nasdaq eked out a gain of 0.3 percent, as Wall Street digested minutes from the Federal Reserve's most recent policy meeting and assessed the shape of economic recovery. Enditem

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