NEW YORK, Feb. 14 (Xinhua) -- U.S. stocks ended higher on Valentine's Day, as Wall Street recovered some of the significant losses experienced in the prior session.

The Dow Jones Industrial Average rose 151.52 points, or 0.40 percent, to 38,424.27. The S&P 500 added 47.45 points, or 0.96 percent, to 5,000.62. The Nasdaq Composite Index increased 203.55 points, or 1.30 percent, to 15,859.15.

Nine of the 11 primary S&P 500 sectors ended in green, with industrials and communication services leading the gainers by going up 1.67 percent and 1.42 percent, respectively. Meanwhile, consumer staples and energy led the laggards by dropping 0.19 percent and 0.17 percent, respectively.

The U.S. Treasury yields retreated after surging the previous day amid expectations that the Federal Reserve would maintain high interest rates for an extended period. The central bank has already raised its primary interest rate to its highest level since 2001, aiming to moderately slow down the overall economy to tackle persistently high inflation.

The yield on the 10-year Treasury declined to 4.25 percent on Wednesday from 4.32 percent at the end of Tuesday. Despite this decrease, it remains significantly higher than its level of 3.85 percent at the beginning of the month.

Societe Generale said the S&P 500 would still need to surge by another 25 percent to reach the levels of "irrational exuberance" that fueled the tech bubble in the 1990s. "Applying the peak of the [technology-media-telecoms] bubble maths to the Nasdaq-100, the S&P 500 would have to reach 6,250 to price in the same level of irrational exuberance," analysts Manish Kabra and Alain Bokobza wrote in a note on Wednesday.

In terms of individual stocks, Uber stocks surged after announcing a 7-billion-U.S.-dollar buyback, marking its inaugural move to distribute funds to shareholders. Meanwhile, rival Lyft witnessed a significant increase in share price following its earnings report, although this surge was dampened as company executives acknowledged a clerical error that led to an overstatement of margin guidance.

Nvidia (NVDA) gained approximately 2.5 percent, securing the position as America's third-most valuable company, surpassing Alphabet.

"The market was overbought from a variety of readings, but is yet to be now in the oversold camp. There is still some vulnerability in the near term for some corrective action, in my opinion, but I certainly don't think that we are headed for a decline in excess of 10 percent. I think it's a more corrective pullback that is needed before we can continue our upward climb," said Sam Stovall, chief investment strategist at CFRA.