Stock market today: Big Tech rally props up Wall Street

Stock market today: Big Tech rally props up Wall Street

a year ago
Anonymous $5YzO3NGzaX

https://apnews.com/article/stock-markets-banks-rates-earnings-eb65483d09ae8fea2368e3ba681bd688

NEW YORK (AP) — A big rally for Microsoft and other Big Tech stocks is helping to prop up Wall Street Wednesday, a day after stocks tumbled to their worst drop in a month.

The S&P 500 was 0.2% higher in early trading, though the worries about U.S. banks that hit the market a day before remain. The Dow Jones Industrial Average was up 58 points, or 0.2%, at 33,589, as of 9:45 a.m. Eastern time, while the Nasdaq composite was leading the market with a 0.9% gain.