Page 53 - Devik Jain News Today

Wall Street ended sharply higher on Tuesday, as Microsoft and Apple spearheaded a strong rebound in growth stocks and investors awaited monthly payrolls data later this week that could influence the... | October 5, 2021

Wall Street ended sharply higher on Tuesday, as Microsoft and Apple spearheaded a strong rebound in growth stocks and investors awaited monthly payrolls data later this week that could influence the U.S. Federal Reserve's decision on when to scale back monetary stimulus.

High-growth stocks including Apple, Amazon, Microsoft, Netflix and Alphabet rose between 0.4% and 3.3% in early trading. Facebook was up 1.3% after taking a beating yesterday, when its app and its photo-sharing platform Instagram were down for hours before being restored.

By Noel Randewich and Shreyashi Sanyal

Wall Street's main indexes rose more than 1% on Tuesday as growth stocks bounced from a sharp selloff, while economy-sensitive cyclical sectors remained in favor ahead of closely watched monthly payrolls data later in the week.

Wall Street ended sharply higher on Tuesday, as Microsoft and Apple spearheaded a strong rebound in growth stocks and investors awaited monthly payrolls data later this week that could influence the U.S. Federal Reserve's decision on when to scale back monetary stimulus.

Wall Street ended sharply higher on Tuesday, as Microsoft and Apple spearheaded a strong rebound in growth stocks and investors awaited monthly payrolls data later this week that could influence the U.S. Federal Reserve's decision on when to scale back monetary stimulus.

Wall Street surged on Tuesday, as Microsoft and Apple spearheaded a rebound in growth stocks and investors awaited monthly payrolls data later in the week that could influence the Fed's decision on when to scale back massive monetary stimulus.

USA-STOCKS/ (UPDATE 5):US STOCKS-Wall Street ends sharply higher as Big Tech roars back

By Noel Randewich and Shreyashi Sanyal