Stocks claw back losses after selloff, tech leads indices higher
Stocks extended gains Thursday afternoon after the three major indices endured a deep rout a day earlier. Investors digested a record surge in third-quarter GDP after a historic slump earlier this year, and another weekly report on jobless claims that came in better-than-expected. A slew of corporate earnings results also loom. The S&P 500 Dow each rose sharply around 2:30 p.m. ET, with the former adding more than 2% as tech shares advanced. The Dow gained more than 340 points, or 1.