Northern Wyoming Daily News - Serving the Big Horn Basin for over 100 years

By ALEX VEIGA
AP Business Writer 

Tech and health care firms drive more gains for US stocks

A broad rally drove U.S. stocks solidly higher Thursday for the second day in a row, extending the market’s gains for the week.

 

May 11, 2018



A broad rally drove U.S. stocks solidly higher Thursday for the second day in a row, extending the market’s gains for the week.

Technology companies, which have led the market this year, contributed the most to the rally. Health care stocks and banks also accounted for a big slice of the market’s gains as investors sized up the latest company earnings and economic news. Crude oil prices rebounded after an early slide.

The S&P 500 index rose 25.28 points, or 0.9 percent, to 2,723.07. The Dow Jones industrial average climbed 196.99 points, or 0.8 percent, to 24,739.53. The gain turned the...



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