US STOCKS-Wall Street rebounds as market eyes tech results, strong U.S. data

U.S. stocks closed higher on Thursday, with the technology heavyweights rallying ahead of major earnings reports and upbeat domestic economic data calming investor jitters about surging coronavirus cases. The rebound came after a more than 3% slide a day earlier in Wall Street’s main indexes, underscoring heightened market volatility ahead of the presidential election next week and growing fears of another COVID slowdown. Stocks rallied as investors anticipated strong results from a line-up of the biggest names in the U.S. corporate universe – Apple Inc, Amazon.com Inc, Alphabet Inc and Facebook Inc – due after market close.


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