Tech stocks keep rallying, help keep Wall Street steady - News Summed Up

Tech stocks keep rallying, help keep Wall Street steady


The S&P 500 ended the day at a virtual standstill, up just 0.52 points at 2,930.32, despite a lot of movement going on underneath. Even with the coronavirus pandemic throwing the global economy into disarray, tech stocks in the S&P 500 have been remarkably resilient. Those gains helped to make up for 69% of stocks falling in the S&P 500. Financial stocks fell 1.9% for the biggest loss among the 11 sectors that make up the index. South Korean stocks fell 0.5%.


Source: ABC News May 11, 2020 07:22 UTC



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