NEW YORK — Wall Street surged on Thursday, bringing an upbeat end to a tumultuous, holiday-shortened week as technology stocks rebounded, but the S&P 500 and the Dow Jones Industrial Average posted their biggest quarterly declines in more than two years. (GRAPHIC: S&P Quarterly performance during bull market - https://reut.rs/2pUJYLR)Tech stocks reversed course on Thursday and the S&P 500 information technology index closed up 2.2 percent after reaching a session high of 3.2 percent, helping push the S&P 500 up 1.4 percent, with the Dow and Nasdaq also rallying. "All the fears now look overblown. Interest rates, the concern about tariffs, we're going to get into a trade war," said Doug Cote, chief market strategist at Voya Investment Management in New York. If anything this is a buying opportunity."
Source: New York Times March 29, 2018 13:54 UTC