Bargain-hunting buoys Wall Street after Nasdaq correction

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Reuters

By Lewis Krauskopf, Bansari Mayur Kamdar and Shreyashi Sanyal (Reuters) – Wall Street’s main indexes rebounded on Thursday with solid gains for technology and growth shares as Treasury yields steadied and investors sought bargains a day after the Nasdaq fell into correction territory. All 11 major S&P 500 sectors were higher. Megacap stocks gave the biggest individual boosts to the S&P 500, with Microsoft up 1.7% and Tesla up 3.8%. Stocks were regaining some ground after a steep sell-off to start the week, with the Nasdaq on Wednesday closing 10.7% below its November all-time high, confirming …

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