Wall St tech stocks surge on Joe Biden’s infrastructure plan

Technology stocks on Wall Street surged as investors awaited details of US President Joe Biden’s massive infrastructure plan.

The S&P 500 index reached a record high, with the US benchmark index closing in on 4,000 for the first time as investors betted on a strong economic rebound.

Apple increased 1.9 per cent after a stockbroker upgrade, and Walgreens Boots Alliance rose after raising its 2021 profit forecast on higher sales at its US retail pharmacy…