Stocks Are Rising as Market Again Tries to Rebound From the Tech Selloff

The Dow gained 236 points, or 0.5%. "Lately we've seen early gains turn into intraday declines, as investors use the regular trading session as a chance to rotate out of winners into more defensive areas of the market," writes Bespoke Investment Group co-founder Paul Hickey. The producer price index for final demand marked its biggest 12-month rise since November 2022.