Wall St. set to open higher as beaten down tech stocks rebound

US stock indexes follow global markets higher, led by tech

US stock indexes follow global markets higher, led by tech

The Dow industrials and the S&P 500 index on Monday closed at all-time highs, powered by a rebound in shares of technology companies, which had experienced a recent bout of weakness.

The S&P technology sector.SPLRCT was up 1.4 percent after its second straight weekly decline, which was triggered by fears of stretched valuations. Microsoft MSFT.O and Alphabet GOOGL.O were also up.

Apple rose 2.9 percent to $146.34, providing the biggest boost to the S&P followed by JPMorgan Chase, which rose 2.2 percent to $88.07.

Nasdaq 100 futures were up 0.6%, while S&P 500 and Dow Jones industrial average futures added 0.3%.

Lawmakers Present United Front at Annual Congressional Baseball Game Following Virginia Shooting
ET for the 80th annual Congressional Baseball Game at Nationals Park, played with unusual emotion a day after the wounding of Rep. Also wounded was former congressional aide Matt Mika , who now works for Tyson Foods in its Washington office.

Nasdaq's biotechnology index rose 2.5 per cent and was on track for its biggest one-day gain since February helped by stocks including Biogen Inc and Clovis Oncology while the S&P's healthcare index hit a record high.

This story has not been edited by Firstpost staff and is generated by auto-feed.

At the New York Mercantile Exchange, U.S. crude oil added 0.6% to $45.03 a barrel.

"There has been no change in the fundamentals for the tech sector".

The Internet Is Scolding Lucy Hale for Calling Herself "Fat"
People have started leaving replies to Lucy's comment, wondering how she could think she was overweight in the photo. . One: The way she labeled herself "fat" (and used "ugh") could trigger negative connotations with the word.

Wal-Mart WMT.N , Target TGT.N and Costco COST.O reversed premarket gains to trade lower.

The market is awaiting comments by New York Fed President William Dudley, a close ally of Fed Chair Janet Yellen, when he speaks at a business roundtable at 7:45 a.m. ET (1145 GMT).

The Fed commentary last week had surprised investors who expected more caution after some weak US economic data.

Dow component Boeing (BA) rose 1% after saying at the Paris Air Show that it expects to get over 240 orders worth a total of more than $30 billion for its new 737 Max 10.

Sheriff says shooter targeted former co-workers
Forsyth Road has been shut down between University and State Road 50, according to the Florida Department of Transportation. He killed himself at the sound of an approaching siren, and it was all over within a few minutes of the first 911 call.

The S&P 500 posted 49 new 52-week highs and 10 new lows; the Nasdaq Composite recorded 99 new highs and 87 new lows.

Recommended News

  • 76ers acquire No. 1 pick from Celtics

    76ers acquire No. 1 pick from Celtics

    Fultz chose it from his personal collection before leaving is home in Upper Marlboro, Maryland on Saturday afternoon. However, they were never able to put together the right package to get a star like Butler into the mix.
    Arsenal suffer blow as Takuma Asano fails work permit guidelines

    Arsenal suffer blow as Takuma Asano fails work permit guidelines

    Last season the 22-year-old Japan global scored four goals in the Bundesliga II, and 13 goals in 43 matches for club and country. Arsenal have reportedly made a decision to allow Takuma Asano to spend a second season on loan at Stuttgart .

    United Kingdom official: Fire building materials broke rules

    He said it had been "incredibly emotional working in there", adding: "On Saturday I went in myself and went to the top floor". The new team is made up of local and central government, the Red Cross, the Metropolitan Police and the London Fire Brigade.
  • Eastwood concerned for Stormont talks as Varadkar meets SF and DUP_

    The meeting between Foster and Varadkar highlighted issues that have made some British politicians wary of a deal with the DUP . The Irish government will be critical to that and the should reassert their role as co-guarantors of our agreements.

    Emmanuel Macron plans Cabinet reshuffle after parliamentary election win

    The average age of France's national assembly has dropped from 54 in 2012 to 48 years and eight months in 2017. He refused to say whether ministers who have come under suspicion of corruption would keep their jobs .

    Pakistan thrashes India to win Champions Trophy

    But just when it seemed that he was blazing towards a first global century, he was run out after a mix-up with Ravindra Jadeja . However, Sarfraz's men buckled up and went past top-ranked teams like South Africa , England and India to finish as winners.
  • Sadiq Khan says Grenfell Tower fire national disaster after

    Sadiq Khan says Grenfell Tower fire national disaster after "years of neglect"

    Police have appealed to anyone who may have escaped from the building, but has not yet come forward, to make themselves known. A minute's silence was held at 11am this morning to remember the people who lost their lives as the death toll rose to 79 .
    Grenfell Tower fire: 79 people are dead or missing presumed dead

    Grenfell Tower fire: 79 people are dead or missing presumed dead

    While the cladding made Grenfell Tower more energy efficient, the building did not reach green certification. Five bodies have been identified, while many others are missing and presumed dead.

    Trump attorney says president not under investigation despite his tweets

    Earlier, Rosenstein had authored an extensive and publicly-released memorandum recommending former FBI-chief James Comey's firing. Schiff cited the fact that the president at one meeting "cleared the room" of advisers and asked to speak to Comey alone.
  • Otto Warmbier 'was brutalised by pariah N Korea', parents say

    Otto Warmbier 'was brutalised by pariah N Korea', parents say

    PYONGYANG, North Korea (AP ) - Dennis Rodman's visit to North Korea has been uncharacteristically low-key so far. Secretary of State Rex Tillerson announced Warmbier's release Tuesday and said he'd be reunited with his family.

    Van attack near mosque quite clearly aimed at Muslims, says police chief

    Afterwards she told the Standard she has become "scared" for her son after a string of terror attacks across the capital. Ms Rudd said: "Londoners have been hit with a series of attacks and have actually been nothing short of heroic".

    Special counsel Mueller investigating Kushner's business ties to Russian bank

    Mueller's spokesman said the team, which is still being assembled, has begun its investigation and interviews. Quarles, Rhee and Weissman have donated more than $53,000 to Democrats since 1988, CNN reported .

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.