Strong start for stocks on Wall Street a day after sell-off
NEW YORK (AP) — Stocks are off to good start on Wall Street, a day after more steep drops in big technology companies pulled indexes sharply lower. Some of those tech giants were climbing early Wednesday, including Apple and Microsoft. The S&P 500 was up 1.3% and the tech-heavy Nasdaq reclaimed 1.7%, a day after shedding 4.1%. European markets rose, and crude oil prices were also higher. Slack Technologies slumped 16% after the fast-growing instant messaging service reported disappointing billing figures, and Tiffany dropped 10% after the French luxury goods giant LVMH said it was ending its bid for the storied jewelry seller.
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