Tech stocks lead a rally on Wall Street
Stocks on Wall Street closed higher Thursday as a recent run-up in bond yields eased further and big technology companies rallied, helping the market recoup its losses from earlier in the week. The S&P 500 rose 1.1%. The Dow Jones Industrial Average gained 1.2%, and the Nasdaq composite closed 1.4% higher. The indexes are now on track to post a gain for the week. The mixed start to September follows a mostly positive August during which every major index notched a gain for the month. Big technology and communication services stocks accounted for a large share of the rally. Their huge ...
