US STOCKS-Wall Street jumps after selloff as Big Tech bounces
High-growth stocks including Apple Inc, Amazon.com Inc, Microsoft Corp, Netflix Inc and Alphabet Inc rose between 0.4% and 3.3% in early afternoon trading. Facebook Inc was up 1.9% after taking a beating a day earlier, when its app and its photo-sharing platform Instagram were down for hours before being restored late in the evening. Energy and technology led gains, while the defensive real estate and utilities sectors lagged in a sign that investors were gradually moving towards more risk-taking.
Published:10/5/2021 11:31:39 AM