Tech Leads Stock Gains Ahead of Megacap Earnings: Markets Wrap
- GameStop stock swings wildly as volatility takes over
- Big-tech quarterly earnings will be in focus this week
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Technology shares led gains in U.S. stocks as investors awaited earnings from some of the biggest companies.
The Nasdaq 100 climbed amid gains for Apple Inc., Tesla Inc. and Microsoft Corp. The S&P 500 Index ended higher, though gains were limited after the top Senate Democrat said lawmakers said an aid package was unlikely before mid-March and a U.S. health official expressed concern about vaccination delays. GameStop Corp. extended its extreme volatility, more than doubling before paring most of the gains.