Shares of technology companies fell, but not by as much as the broad market, as renewed movement restrictions in Chicago and elsewhere spurred a rotation back into the sector.
"Stay-at-home" bets such as those on Amazon.com and Zoom Video Communications continued their rebound from Wednesday.
There were several developments in the tensions between the Trump administration and China on tech issues.
The Commerce Department said it won't enforce an order that would have effectively forced the TikTok video-sharing app to shut down, citing a federal court ruling in Philadelphia.
President Donald Trump signed an executive order prohibiting Americans from investing in 31 Chinese companies the Trump administration alleges supply and otherwise support China's military.
Chinese game maker Tencent Holdings, the world's biggest videogame company by revenue, said its profit in the September quarter soared 89% to 38.54 billion yuan, equivalent to $5.81 billion, from the same period last year, as gaming habits formed during lockdowns appeared to stick. The company expressed a willingness to work with regulators on anti-addiction measures.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
11-12-20 1710ET
