19-12-2016 17:34 via news.yahoo.com

Tech stocks drive Wall Street higher

Microsoft , Amazon and Apple were up between 1-1.8 percent, providing the biggest boost to the Nasdaq and the S&P 500. "Traditionally, as you head into the week before Christmas, you see volumes slow down and a somewhat trendless market as people begin to position their portfolios for next year," said Matt Jones, U.S. head of equity strategy at J.P. Morgan Private Bank in New York. U.S. stocks have been on a tear since the Nov. 8 presidential election, with the S&P rising 5.7 percent on
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