Technology companies powered U.S. stocks to solid gains Thursday, snapping the market’s two-day losing streak.
Banks, consumer-focused companies and industrial stocks also helped lift the market. Even so, the broad gains, which came on the last day of trading ahead of the Easter holiday weekend, weren’t enough to make up for the stock market’s first quarterly loss since 2015.
After years of slow-and-steady growth and a roaring start to 2018, the market plunged in early February, marking its first 10 percent drop in two years. In the weeks since, the market has been more volatile, and trading has frequently turned choppy.