Tech firms lead broad gains for US stocks in morning trade

Tech firms lead broad gains for US stocks in morning trade

5 years ago
Anonymous $4ckUSNo_FL

https://apnews.com/986bf28a44e74b509f164d0739f30614

Technology companies led broad gains for stocks on Wall Street in morning trading Thursday, extending the market's gains from a day earlier.

Microsoft led the tech stock rally, climbing 2.1%, as traders welcomed the software giant's decision to boost its quarterly dividend and approve a $40 billion stock buyback. Technology is up 31.8% this year, outpacing the other 10 sectors in the S&P 500.

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