Stocks Rebound as Some Tech Companies Rally The Dow and Nasdaq's gains on Thursday may have been welcome news for investors, but they also underscored the tech sector's continued dominance over other industries.
While some analysts hail the rebound as evidence of a broader market recovery, closer examination reveals a more nuanced story.
A small group of tech companies drove the rally, with shares of Tesla and Amazon surging on Thursday. Tesla's stock price rose by over 10% alone.