Global Stocks Extend Tech-Led U.S. Rally

U.S. stock futures posted slight gains on Tuesday, June 20, and European stocks rose after a recovery in the tech sector drove global shares higher.
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U.S. stock futures posted slight gains on Tuesday, June 20, and European stocks rose after a recovery in the tech sector drove global shares higher.

The Dow Jones Industrial Average and S&P 500 reached new all-time closing records on Monday, June 19, a tech stocks rebounded from a selloff last week.

The FAANG stocks -- Facebook Inc. (FB) - Get Report , Apple Inc. (AAPL) - Get Report , Amazon.com Inc. (AMZN) - Get Report , Netflix Inc. (NFLX) - Get Report  and Alphabet Inc. (GOOGL) - Get Report   -- closed higher on Monday. The tech-heavy Nasdaq jumped 1.4% on Monday.

This article was written by a staff member of TheStreet.