Tech Stocks Rally As Market Flashes Confirmed Uptrend
Going into Wednesday, tech stocks were broadly upwardly mobile ahead of Apple’s (AAPL) anticipated iPhone and Apple TV announcements, with some big exceptions. Rallying techs on Tuesday helped the stock market turn a corner from market in correction to market in a confirmed uptrend. With volatility still high, though, caution remains vital. The Nasdaq 100 Technology Sector Index rose 3.5%, ahead of the Nasdaq Composite Index’s 2.7% lift. And of 22