Tech stocks in S&P 500 have erased nearly all lossesSatya Nadella, the chief executive of Microsoft Corp.Technology stocks also continued their strong run on Wall Street on Tueasday. Apple added 1.5 percent and Microsoft gained by 1.1 percent. The two companies alone account for 11 percent of the S&P 500′s entire market value. Tech stocks in the S&P 500 have nearly erased all their losses for 2020 so far, after earlier being down as much as 23 percent. The sector is now down 0.3 percent.-AP

Source: The Standard May 06, 2020 02:46 UTC