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Stocks Bounce Off Last Week's Drop with Tech Leading
U.S. equities finished the first trading session of the week higher, paring some of last week's solid losses. The Information Technology sector led the way after the markets were disrupted last week by amplified activism among a cohort of retail investors taking aim at highly shorted stocks. A slew of global manufacturing reports painted a positive picture for the sector, with U.S. reports showing continued solid growth but intensifying cost pressures. Uneasiness surrounding
