The S&P 500 index was trading near session highs Thursday afternoon, with all 11 of its sectors trading in the green. The broad-market index was up 1.2% at 2,636, with gains in the energy sector and technology leading the way higher.
Technology shares have been under assault throughout the week, highlighted by sharp weekly declines in Facebook Inc. and Amazon.com Inc. some of the internet and social-media highfliers. Those companies were slumping due to a slew of negative news stories and the threat of increased governmental scrutiny.
The Dow Jones Industrial Average was up 1.2% at 24,136, while the tech-centric Nasdaq Composite Index rose 1.2% at 7,031. All three equity benchmarks are attempting to halt a two-session slide.