Technology stocks helped power the rally on Wall Street on Thursday, as they have through the pandemic and for years before that. Rising expectations that Republicans can hold onto the Senate are easing investors’ worries that a Democratic-controlled Washington would beef up antitrust laws and go after Big Tech more aggressively. Apple climbed by 3.5 percent, Microsoft won 3.2 percent, and Amazon added 2.5 percent. Facebook gained by 2.5 percent and Google’s parent company won 1 percent. They are also the five biggest stocks in the S&P 500 by market value.-AP

Source: The Standard November 06, 2020 02:15 UTC