January 18, 2024 - 1:03 PM
NEW YORK (AP) — Wall Street bounced back to recoup almost all the losses it suffered earlier in the week. The S&P 500 rose 0.9% following back-to-back drops that kicked off this holiday-shortened week. The Dow gained 0.5%, and the Nasdaq composite jumped 1.3%. Big Tech stocks led the way, including Apple, which flipped its loss for the week so far into a gain. Chip companies were also strong after chip maker Taiwan Semiconductor gave a better-than-expected revenue forecast.