Tech shares lift S&P 500 back to positive territory for September
S&P 500 swung back into positive territory for the month as tech stocks rally in early trading, with chip, software, hyperscaler, and crypto-tied names rising. The report also cites falling oil prices and bond yields.
The S&P 500 has moved back into positive territory for the month, supported by a rally in tech shares today. Chip stocks, software firms, hyperscalers and shares of companies whose fortunes are tied to cryptocurrencies are all advancing in early trading. Falling oil prices and bond yields are also helping sentiment.