Big Tech stocks climb sharply after jump that followed election results

Shares of an exchange-traded fund that targets seven closely watched Big Tech stocks were up sharply Thursday morning, extending their big climb following Donald Trump’s victory in the race for U.S. president.

The Roundhill Magnificent Seven ETF was gaining 1.5% in morning trading, after surging 4.1% on Wednesday, according to FactSet data, at last check. The ETF holds shares of Apple Inc., Microsoft Crop., Google parent Alphabet Inc., Amazon.com Inc., Nvidia Corp., Tesla Inc. and Facebook parent Meta Platforms Inc., all of which were rising Thursday morning.