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Stocks bounce back on Wall Street as tech bloodletting halts - Black News Channel

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By Stan Choe and Alex Veiga AP Business Writers NEW YORK (AP) — Wall Street is snapping back on Wednesday from its recent tumble, as the bloodletting for big technology stocks comes to at least a temporary halt. Apple, Amazon, Zoom Video Communications and other tech companies that suddenly lost their momentum late last week on worries their stocks soared too high all regained some ground. They helped lift the S&P 500 by 2.5% in afternoon trading, and the index is on pace for its best day in three months. The Dow Jones Industrial Average was up 650 points, or […]

The post Stocks bounce back on Wall Street as tech bloodletting halts appeared first on Black News Channel.

Source: Black News Channel - Black News Channel

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