Apple and other big-name technology stocks got back to their winning ways Monday and helped drive U.S. indexes once again to record heights. After being up more than 20% for the year, tech stocks in the S&P 500 fell sharply two Fridays ago on worries that they had risen too much, too quickly. In a little more than a week, tech stocks lost about a fifth of their year-to-date gains. Altogether, tech stocks in the S&P 500 rose 1.7%, the largest gain among the 11 sectors that make up the index. Bond prices fell, which sent yields higher.

Source: Los Angeles Times June 19, 2017 14:07 UTC