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Tech Giants Lead Market Recovery as US Stock Market Gains
Tech stocks drive US market recovery with Apple, Microsoft, and Alphabet leading the gains, boosting investor sentiment.
The US stock market saw a strong recovery, led by gains in major tech stocks like Apple, Microsoft, and Alphabet. The S&P 500 rose by 1.2%, while the Nasdaq surged by 1.5%, as investor sentiment was buoyed by strong earnings reports and optimism surrounding the future of technology. These stocks were seen as resilient amid broader market concerns, with the tech sector continuing to benefit from strong demand for cloud services, AI, and digital transformation solutions.