Closing changes:
- S&P 500 +38 points to 5199 or +0.7%
- Nasdaq up 1.7%
- Russell 2000 up 0.7%
- DJIA flat
- Toronto TSX Comp -0.3%
The Nasdaq is within striking distance of its all-time high as chipmakers and Apple fuelled a big rebound from yesterday's declines. This is a similar rebound after the selloff on March CPI, though it took longer.
In any case, the index is back within striking distance of an all-time high.