Stocks rise as technology sector leads a turnaround

[Yo_Mama_Been_Loggin]

Stocks turned higher Thursday, erasing losses from earlier in the day as sharp gains in tech shares led to a turnaround.

The Dow was up more than 400 points, or 2%. The S&P 500 also added 2%, while the Nasdaq outperformed with a 4% surge. Shares of Netflix, Facebook and Amazon all rose.

Earlier in the session, the major indexes briefly fell more than 3%.

“This is a day trader’s market,” said Christian Fromhertz, CEO of Tribeca Trade Group. “That’s not my favorite type of trading, but the day-to-day swings and the overnight moves are pretty insane.”

https://www.msn.com/en-us/money/markets/stocks-rise-as-technology-sector-leads-a-turnaround/ar-BB11nzH3?li=BBnbfcL

One step up. Two steps back.

[uponit7771]

1. Another dead cat bounce