Shares of tech companies rebounded after a sharp selloff for some of the bull market leaders Wednesday.
Shares of the FANG companies -- Facebook, Amazon.com, Netflix and Google parent Alphabet -- were among the leaders. Shares of Apple also rebounded after bullish comments on the iPhone maker from Wall Street brokerages.
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Investors may have overreacted to "recent shipment data shows iPhone losing share in China," said analysts at brokerage Morgan Stanley, in a research note, saying that the smart-phone maker is gaining share in the key market by some measures.
Amazon is set to unveil Alexa for Business, a virtual assistant service for companies.
Juniper Networks slid after telecom-equipment company Nokia denied a report it was preparing to buy the network-equipment provider.
Synopsis shares rose after the maker of design software for chip development posted revenue and earnings ahead of Wall Street targets.
-Rob Curran, email@example.com
(END) Dow Jones Newswires
November 30, 2017 16:47 ET (21:47 GMT)