The major stock indexes rebounded Thursday as a rally in some of Wall Street’s largest technology names carried the Nasdaq Composite to an all-time high at the start of the corporate earnings season.
The tech-heavy Nasdaq climbed 1.4 percentage to 7,823.92 since Facebook and Amazon, equally reached all-time highs. Microsoft and Alphabet additionally hit intraday documents. The Nasdaq also posted its biggest one-day gain since June 1, as it climbed 1.5 percent. Netflix did not take part in the extensive tech rally, but falling more than one percent.
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