Dow Climbs higher, led by earnings...

  

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The Dow climbed higher Thursday, led by gains in technology ahead of earnings from big tech, while positive economic data helped eased worries about the pace of recovery amid a surge in coronavirus cases.

The Dow Jones Industrial Average rose 0.75%, or 199 points. The S&P 500 was up 1.36%, while the Nasdaq Composite gained 1.78%.

FAANG, with the exception of Netflix (NASDAQ:NFLX), led tech higher as bargain-hunting investors appeared to swoop in for big tech stocks following a rout a day earlier.  

Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN), Google-parent Alphabet (NASDAQ:GOOGL) and Facebook (NASDAQ:FB), all of which report earnings after the bell, traded in the green.

Facebook was up more than 5% as investors bet the social media giant is set to report a solid quarter of earnings following impressive quarterly results from its social media peers including Snap (NYSE:SNAP) and Pinterest.

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