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    COMP   XC0009694271

NASDAQ COMP.

(COMP)
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Tech Up As Investors Rotate Back Into Mega Caps -- Tech Roundup

04/09/2021 | 05:08pm EDT

Shares of technology companies rose as investors rotated back into "mega cap" companies, given stability in Treasury yields and the uneven global fight against Covid-19.

Shares of Amazon.com rose by more than 1.8% and came within 6% of all-time highs after workers at an Alabama Amazon facility voted against unionizing. Shares of other mega-cap tech companies, including Apple and Microsoft, were higher on the session, and close to all-time highs.

Investors had rotated out of the large tech companies in recent weeks, but the moderation in Treasury yields has caused that rotation to largely reverse itself. On Friday, the Nasdaq Composite officially exited correction territory, finishing 10% higher than its recent nadir on March 8, according to The Wall Street Journal Data Group.

 Write to Rob Curran at rob.curran@dowjones.com 

(END) Dow Jones Newswires

04-09-21 1707ET

Stocks mentioned in the article
ChangeLast1st jan.
DJ INDUSTRIAL -0.10% 34742.82 Delayed Quote.13.63%
NASDAQ 100 -2.63% 13359.080629 Delayed Quote.6.45%
NASDAQ COMP. -2.55% 13401.857613 Delayed Quote.6.70%
S&P 500 -1.04% 4188.43 Delayed Quote.12.69%
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Technical analysis trends NASDAQ COMP.
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Top / Flop NASDAQ COMP.
TECNOGLASS INC. 16.03 Delayed Quote.30.96%
OBALON THERAPEUTICS, INC. 2.87 Delayed Quote.30.45%
CUE BIOPHARMA, INC. 14.68 Real-time Estimate Quote.30.37%
WINS FINANCE HOLDINGS INC. 5.6 Delayed Quote.24.44%
DATASEA INC. 3.31 Delayed Quote.23.51%
INSMED INCORPORATED 25.69 Real-time Estimate Quote.-21.15%
VILLAGE FARMS INTERNATIONAL, INC. 8.37 Delayed Quote.-24.66%
FLUENT, INC. 2.58 Real-time Estimate Quote.-25.00%
THE TRADE DESK, INC. 489.6 Delayed Quote.-25.98%
REKOR SYSTEMS, INC. 13.71 Delayed Quote.-27.50%
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