Stocks are surging as dip buyers rush in after the week's chaotic tech sell-off
After days of heavy selling, investors look like they're in buy-the-dip mode. US stocks rallied hard on Friday, with traders trying to cap off a week of heavy losses in the tech sector and in software stocks on a high note.The iShares Expanded Tech-Software Sector ETF — which entered a bear market earlier this month as investors panicked over high valuations and AI's potential threat to software companies — surged 3%. The ETF is still down around 30% from its peak late last year. Major indexes soared. The ...