25-09-2020 22:47 via feedproxy.google.com

Wall Street closes higher as Apple, tech rally squashes virus fears

Apple and other tech stocks again rode to Wall Street’s rescue on Friday, lifting the main indexes more than 1%. Investors started buying beaten-down shares after the Nasdaq entered corrective territory last week and the S&P 500 briefly broke that barrier earlier this week.
Both the Dow and S&P 500 posted their fourth straight weekly declines, the longest weekly losing streak since August 2019. The tech-heavy Nasdaq, however, closed higher for the week after falling the previous th
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