US stocks move broadly higher on tech strength; Boeing drops

US stocks move broadly higher on tech strength; Boeing drops

U.S. stocks marched broadly higher in afternoon trading on Wall Street Monday, led by a rally in technology shares. A sharp decline in Boeing stemmed the gain for the Dow Jones Industrial Average.

Stocks are coming off their worst week since December. Still, the major indexes are enjoying gains of 9 percent or more for the year so far.

Technology stocks powered the market’s gains. Apple climbed after an analyst upgrade while Nvidia gained surged after agreeing to buy chipmaker Mellanox.

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