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Wall Street rises as tech stocks bounce back

Reuters 

By Tanya AgrawalREUTERS - U.S. stocks were higher in late morning trading on Monday, with the S&P 500 and Dow Jones Industrial Average hitting yet another record high, 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 rally this year.Leading the recovery, Apple rose 2.6 percent, providing the biggest boost to the three major sectors. Microsoft and Alphabet were also up.The tech sector's 1.37 ...

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First Published: Mon, June 19 2017. 20:59 IST
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