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Tech Stocks Rebound After Big Day Of Losses

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According to Reuters, tech stocks on Wall Street are rebounding after a two-day selloff. The trouble for tech stocks began late last week when the Justice Department and the Federal Trade Commission announced a broad antitrust probe into tech firms. But tech stocks rallied along with the markets after Federal Reserve Chair Jerome Powell said they may cut interest rates. By the afternoon on June 4th, the top three markets on the New York Stock Exchange were up almost 2-percent each.

Added on the 04/06/2019 15:52:36 - Copyright : Wochit

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