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Updated12 Jul 3:39pm

Technology Rebound Sets Nasdaq on Course for Record High

The New York Times
Technology companies are soaring Thursday as investors remain optimistic about the sector even though much of the market has been shaken by fears about the trade war with China. The Nasdaq composite is on track for an all-time high. Industrial companies are also bouncing back as the market recovers most of its losses from a day ago. Software maker CA is jumping after chipmaker Broadcom agreed to buy it for $18.9 billion.
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