Investing.com - Technology stocks remained the driving force for Wall Street midday, although the indexes were coming off their strong early gains.
The S&P Information Technology index rose about 2% at 12:10 AM ET (17:10 GMT).
Autodesk (NASDAQ:ADSK) rebounded after seeing some serious selling that started around the beginning of the month. It was the leading component of the index, jumping about 4.5%.
Another beaten-down name, semiconductor company Advanced Micro Devices (NASDAQ:AMD), rose about 3.2%. AMD, the high flyer in the chip sector, had been slumping since the end of September.
Payment companies also pushed the index higher.
Meanwhile, utilities stocks were among the laggards as Treasury yields resumed their rise. The yield on the 10-year was back around 3.15%.
The S&P Utilities sector index fell about 0.25%.
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