March: P Energy and Afternoon Rally

march: Even the hard-hit S&P500 energy and financial sectors managed to close Friday's session with slight gains after a late afternoon rally, according to Nine News Australia. The S&P technology index gained 3.2 per cent on the day, showing its strongest one-day gain since March 26, although it still registered its biggest weekly drop since March 23. To improve your experience update it here News World Wall St rebounds with techs leading way9 05am Oct 13, 2018Facebook Tweet Mail The US benchmark S&P 500 stock index has snapped a six-day losing streak with technology stocks recovering after a week of losses and investors looking for bargains ahead of the third quarter earnings reporting season. People are starting to buy in, thinking the higher flying growth stocks were oversold. If earnings come out good I think this rally is sustainable if we don't get negative trade news. They wanted to get in before next week when earnings start coming, said Janna Sampson at Oak Brook Investments LLC. But until the US and China reach a trade deal, the rebound in the stockmarket could be vulnerable as investors are anxious about the impact of tariffs on corporate profits. (news.financializer.com). As reported in the news.