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Stocks Roar Back, Led by Rebound in Tech Shares: Markets Wrap

  • Equities come off their lows as Facebook, Microsoft rally
  • Oil reverses Friday’s gains; emerging-market shares slump
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Jim Tisch, president and chief executive officer at Loews, explains why he sees "lots of value" in U.S. equities.(Source: Bloomberg)
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Gut-wrenching volatility extended into a 12th week Monday as U.S. equities plunged and recovered, with the Dow Jones Industrial Average reversing a 508-point decline as tech shares bounced.

Major U.S. indexes finished in the green, buoyed by rallies in Facebook Inc. and Microsoft Corp. The pound tumbled as traders took a grim view of the outlook for the U.K. after Theresa May delayed a crucial Brexit vote. The dollar jumped and oil dropped.