Tech stocks turn around from Monday’s dump, yield rates drops to help support the rally!
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U.S. stocks jumped on Tuesday after bond yields declined, causing investors to buy the dip in beaten-up technology shares.
The Dow Jones Industrial Average rose 150 points, or 0.6%. The S&P 500 gained 1.2%. The tech-heavy Nasdaq Composite climbed 2.5%. Tesla shares popped 6.8%, while Apple, Amazon, Microsoft, Netflix and Alphabet all gained at least 2%. (CNBC)
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Daily stock market analysis and deep dive with a focus on the S&P 500, Dow Jones Industrial Average and Nasdaq, tech stocks, and momentum stocks. We utilize price and volume analysis, fundamental analysis and technical analysis.
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