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Wall Street at record highs as tech stocks bounce back


By Tanya AgrawalREUTERS - U.S. stocks were higher in early afternoon trading on Monday, with the S&P 500 and the Dow Jones Industrial Average hitting record highs as technology stocks rebounded after recent losses.The S&P technology sector is coming off its second straight weekly decline, triggered by fears of stretched valuations and investors moving money to other sectors. Tech stocks have led the S&P 500's 9.4 percent rally this year.Apple rose 2.5 percent, providing the biggest boost to the three major sectors. Facebook and Alphabet were also higher.The tech sector's 1.37 percent rise led ...

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First Published: Mon, June 19 2017. 22:57 IST