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U.S. Stocks Regain Ground After Losses

Surging shares of technology companies sent the Nasdaq Composite to a new record, as major indexes rebounded from a trade-fueled midweek stock selloff. Tech firms led the stock market higher, as investors returned to the pro-growth investment strategy that has worked throughout much of the long-running rally. A major software-deal announcement appeared to underscore the buying spree, sending the S&P 500 technology sector up 1.8%, the most of the broad index’s 11 major sectors.