Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
News: Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexEconomic EventsCryptocurrenciesCybersecurityPress Releases

Technology Shares Move Higher in Shift to Growth Stocks -- Tech Roundup

06/14/2021 | 05:41pm EDT

Shares of technology companies were higher as investors continued to rotate back into the growth trade, pushing the Nasdaq Composite Index up a sixth session out of the last seven.

The renewed interest in tech and other growth stocks had coincided with a pullback in bond yields last week.

The Justice Department will bolster its procedures for obtaining records from members of Congress, Attorney General Merrick Garland said, after it emerged that the agency during the Trump administration secretly seized data on the communications of Democrats on the House Intelligence Committee. The move comes days after Democrats on the committee said they had learned that records from members and staff were seized by the Justice Department under former President Donald Trump in an apparent search for the source of leaks of sensitive information to the news media.

Apple told committee officials last month that the Justice Department had served grand-jury subpoenas on the tech giant in February 2018, when Mr. Trump had complained about leaks related to contacts between Russia and figures in his 2016 election campaign and then-special counsel Robert Mueller's investigation into those ties.

Meanwhile the U.S. government is ratcheting up pressure on Beijing's 5G ambitions overseas, offering financial incentives and other enticements to countries willing to shun Chinese-made telecom gear.

 Write to Amy Pessetto at amy.pessetto@dowjones.com 

(END) Dow Jones Newswires

06-14-21 1740ET

Latest news "Economy & Forex"
01:31aDollar firm as Fed members map road to rate hike
RE
01:28aLufthansa narrows quarterly loss, returns to positive cash flow
RE
01:18aIndian shares slip after strong rally; Vodafone Idea slumps 24%
RE
01:15aCharlie Watts drops out of Rolling Stones' upcoming U.S. tour
RE
01:03aANOTHER WEAK MONTH FOR CRUDE IMPORTS IN ASIA UNDERCUTS OIL BULLS : Russell
RE
01:01aIndonesia exits recession with 7% GDP growth in Q2, but virus clouds recovery
RE
01:00aChina shares muted; investors worry about Beijing's crackdown
RE
12:55aBoeing 737 MAX departs for key test flight in China
RE
12:50aEther near two-month high ahead of major protocol change
RE
12:42aIndonesia's Q2 GDP expands 7.07% y/y, beating forecast
RE
Latest news "Economy & Forex"