Tech, health care stocks are driving Friday's equity gains
What didn’t work Thursday has been working Friday.
Tech and heathcare stocks were providing a boost to the stock market on Friday, a day after a drop in shares of several megcap tech giants pulled equities lower.
The S&P 500’s information-technology sector was up 0.9%, at last check, while the healthcare component was 0.8%, higher, according to FactSet. The healthcare segment was on pace to snap a three-day drop.
Intel Corp. shares were 5.9% higher, while those of Amazon.com Inc. were up 6.5% Friday.