Business
Wall St tech stocks surge on Joe Biden’s infrastructure plan – ABC News
Big-name technology stocks boost the S&P 500 index to a record high ahead of the US President’s infrastructure plan, although the Dow Jones index loses ground.
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.
“The trend we’re seeing today is investors rotating back into growth-oriented names that have gotten a little bit beaten up over the past few weeks or so due to underlying rotation toward the economic reopening stocks,”…
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