As per the report by Wall Street, the stocks have jumped up as bond yields are declined. Investors buy the dip in beaten-up tech stocks. Tesla, Apple, Amazon, Microsoft, Alphabet, all gain nearly 2%. The NASDAQ 100 surges by 2.7% at open as tech stocks gain ground and rebound from sharp losses. Dow Jones also gains by nearly 2%. The revival of tech stocks has brought a big impact and a massive boost in the global market rally.
Watch as Peter Cardillo from Spartan Cap Securities speaks exclusively to ET Now and shares his insights on the global markets and new trends.