Tech companies lead US stock rally following global gains

Tech companies lead US stock rally following global gains

4 years ago
Anonymous $-riAjkQg_1

https://apnews.com/15dbe563a2d12eefe1c78a8be496b937

NEW YORK (AP) — Technology companies and banks led a broad rally for U.S. stocks in early trading Tuesday following solid gains overseas as China took more steps to soften the financial impact of the virus outbreak.

Investors snapped up tech stocks, which are often sensitive to China’s economic health because of ties to supply chains and sales. Apple rose 2.3% and chipmaker Nividia climbed 1.9%.