Wall Street Ends Sharply Higher as Big Tech Roars Back

Wall Street Ends Sharply Higher as Big Tech Roars Back
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, on Sept. 29, 2021. Brendan McDermid/REUTERS
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Wall Street ended sharply higher on Tuesday, as Microsoft and Apple spearheaded a strong rebound in growth stocks and investors awaited monthly payrolls data later this week that could influence the U.S. Federal Reserve’s decision on when to scale back monetary stimulus.

Apple, Microsoft, Amazon, and Alphabet, Wall Street’s most valuable companies, each rose more than 1 percent following a selloff in growth stocks the day before.