Wall Street rises on tech boost; NATO summit in focus – Reuters.com
Wall Street rises on tech boost; NATO summit in focus – Reuters.com
March 24 (Reuters) - Technology stocks on Thursday lifted Wall Street's main indexes from a sharp fall in the previous session, while investors closely tracked a meeting of Western leaders as the Ukraine crisis enters its second month.
Ten of the 11 major S&P sectors advanced in early trading, with energy (.SPNY), technology (.SPLRCT) and materials (.SPLRCM) gaining the most.
"This is classic buy-the-dip and it's afforded people to add on to some core positions like Apple, which are good long-term story, at cheaper prices," said Greg Swenson, founding partner of Brigg Macadam.