You are here: Home » Reuters » News
Business Standard

Wall Street gains as tech stocks recover, banks rise


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 ...

This article is no longer available in our repository.

There could be multiple reasons for this.

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