AUGUST 8, 2019 / 9:44 PM / UPDATED 27 MINUTES AGONEW YORK...

AUGUST 8, 2019 / 9:44 PM / UPDATED 27 MINUTES AGO

NEW YORK (Reuters) - The S&P 500 registered its largest one-day percentage gain in about two months on Thursday, with technology shares providing the biggest boost as equities continued to rebound along with bond yields...

Strategists said stock market futures strengthened heading into the day, and bargain hunters stepped in to snap up beaten-down shares....

“The overnight action was positive. That, along with the bounce back yesterday, gave us a nice tailwind coming into the market today, both for high-frequency traders who were buying the trend and also for bargain hunters who had seen stocks that were on the watchlist come down to a level that looked attractive,” said Bucky Hellwig, senior vice president at BB&T Wealth Management in Birmingham, Alabama...


All of it:

https://www.reuters.com/article/us-usa-stocks/wall-street-surges-after-upbeat-economic-data-idUSKCN1UY1EV