Apple, AMD gains help drive a resurgence among tech stocks – The Mercury News

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If you were playing the stock market Monday, then, in the words of Ice Cube, “Today was a good day.”

Tech stocks came to life. Led higher by the likes of Apple, Advanced Micro Devices and Alphabet, all of the major U.S. stock market gauges closed with gains.

Apple shares climbed almost 3 percent to $146.34, as Apple Chief Executive Tim Cook and several other tech-industry leaders met with President Donald Trump as part of the American Technology Council. AMD flexed its muscles and rose 4.3 percent to close at $11.93 a share, and Alphabet shares rose 1.7 percent to $975.22.

Other gains came from HP Inc., up almost 2 percent to close at $17.69 a share; Hewlett Packard Enterprise, which rose 1.4 percent to $16.72 and Netflix, up 0.7 percent to $153.40 a share.

With tech stocks rising, the Nasdaq Composite Index climbed 1.4 percent to finish at 6,239.01. The Dow Jones Industrial Average rose 0.7 percent to an all-time high close of 21,528.99. The broad-based Standard and Poor’s 500 Index also rose 0.8 percent to its highest-ever close of 2,453.46.