Tech stocks touch record highs...
from Drudge Report
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By Hilary Russ NEW YORK (Reuters) - U.S. stocks closed higher on Thursday as industrials rebounded and technology names soared, while commodities recovered and the dollar held steady after concerns over an escalating U.S. trade war with China took a breather. Metals also made a comeback, with bargain-hunting investors scrambling to buy, while oil prices steadied. Reporting of quarterly earnings is set to pick up steam on Friday with the big Wall Street banks, and overall S&P 500 companies are expected to post second-quarter profit growth of around 21 percent, according to Thomson Reuters I/B/E/S. To view a graphic on Trade war hit to equity markets, click: https://reut.rs/2L8nZtk The pan-European FTSEurofirst 300 index rose 0.78 percent and MSCI's gauge of stocks across the globe gained 0.63 percent.