Why tech stocks bounced back today after last week’s selloff

Tech bounced back on Monday after last week's selloff, with Amazon and Tesla leading the Nasdaq higher and the S&P 500 up about 0.4%, while the Dow finished just below the flat line on the 39th anniversary of Black Monday. Yahoo Finance's Jared Blikre charts the close: Amazon rallied after Morgan Stanley named it a top pick, Tesla rose 3.76% and Palantir gained about 4%, but CoreWeave tested its one-year low and is down nearly 25% in a month. The 10-year Treasury yield rose four basis points to 5.14%, WTI crude sat near $98 with Brent around $110, and diesel is still near $6.32 a gallon. Market Domination, Market Domination Overtime and Asking for a Trend are live weekdays 3-5pm ET with Yahoo Finance Host Josh Lipton. 00:00 Black Monday, 39 years later 00:39 Tech rebounds as chip stocks recover 01:00 The 10-year yield rises to 5.14% 01:13 Amazon and Tesla lead 01:37 Morgan Stanley's Amazon call 02:03 Palantir's chart 03:22 CoreWeave tests a one-year low 03:56 Oil near $100 05:13 Diesel prices #StockMarket #Amazon #Tesla == AlphaSpace by Yahoo Finance: A Professional-Grade Investment Platform Built for Everyday Investors. 👉 https://finance.yahoo.com/about/promos/gold/alphaspace?ncid=100003571

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