TECH STOCKS, UPBEAT U.S. FACTORY DATA HELP WALL STREET
ISM data showed the manufacturing expanded in January after five straight months of contraction, indicating that a slump in business investment has probably bottomed out.
“The coronavirus has been an excuse for the markets to take rest,” said Clark Kendall, president and CEO of Kendall Capital. “If you look past the coronavirus, it creates a great opportunity for an investor.”