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Wall Street gains as tech stocks recover, banks rise

Reuters 

By Sruthi ShankarREUTERS - U.S. stocks rose on Tuesday, with the Dow hitting an all-time high as bank and technology shares gained.The S&P 500 technology sector rose 0.71 percent, recovering from its biggest two-day decline in nearly a year on Monday, and topped the list of gainers among the 11 major S&P indexes. Shares of Microsoft, Alphabet and Apple, which were hit hard by the rout, powered the technology index on Tuesday."The selloff in tech probably was a bit further than people expected, so there is some bargain hunting back into that sector," said Rick Meckler, president of ...

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First Published: Tue, June 13 2017. 22:56 IST
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