A tech rally led by Apple Inc pushed Wall Street's main indexes higher on T...
- A tech rally led by Apple Inc pushed Wall Street’s main indexes higher on Thursday, offseting losses in U.S. lenders after the Federal Reserve decided not to raise interest rates this year.
Interest rate sensitive banking stocks fell 1.54 percent, while the broader financial sector slipped 0.49 percent and was the only S&P sector trading lower. Micron Technology Inc jumped 7.9 percent after the company said it sees a recovery in memory chips, driving a 2.84 percent gain in the Philadelphia chip index.
Levi Strauss & Co surged 33.2 percent and was the second biggest percentage gainer across U.S. stocks, after the 165-year-old U.S. jeans maker returned to the public market after three decades.
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