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31/05	Wall Street: sudden upturn, causes uncertain	CF
31/05	US Equity Indexes Decline This Week as Consensus PCE Inflation Report Fails to Dent Higher-for-Longer Rate Expectations	MT

Technology Shares Climb; Nasdaq Closes at Another Record High -- Tech Roundup

June 10, 2020 at 01:00 am IST

Shares of technology companies bucked the trend of the broader market to rise.

Tech shares have led the recent recovery as all three major U.S. stock indexes have surged more than 40% from their March lows. The tech-heavy Nasdaq Composite gained again Tuesday after notching on Monday its first record close since the coronavirus pandemic sent stocks tumbling.

Lockdown measures have forced wide swaths of the population to work from home, accelerating the adoption of networking, communications and online shopping services. Those changes in consumer behavior have helped push tech shares higher.

Online automobile seller Vroom Inc.'s shares soared in its first day of trading, adding its name to a list of companies that had strong public showings in the past few weeks.


 Write to Amy Pessetto at amy.pessetto@dowjones.com

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
DOW JONES INDUSTRIAL	38,886 PTS	+0.20%	+2.03%	-
NASDAQ 100	19,021 PTS	-0.07%	+2.60%	-
S&P 500	5,353 PTS	-0.02%	+2.24%	-

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