New Delhi, June 11 -- Major US stock market indices bounced back on Thursday, led by gains in technology shares that recovered from the previous session's decline triggered by concerns over inflation and rising geopolitical tensions in the Middle East.

As of 10 a.m. Eastern Time, the S&P 500 added 0.6%, the Dow Jones Industrial Average was up 373 points or 0.7%, and the Nasdaq Composite was 0.8% higher.

At the opening bell, the Dow Jones Industrial Average rose 53.3 points, or 0.11%, to 49,972.07. The S&P 500 rose 20.7 points, or 0.28%, to 7,287.67, while the Nasdaq Composite rose 140.3 points, or 0.56%, to 25,309.778.

Investor sentiment improved even as fresh economic data showed US wholesale inflation remained elevated. Producer pric...