“The tech sector rallied Tuesday, reclaiming ground lost to Monday’s sharp declines, as shares of Apple Inc. and Microsoft Corp. posted solid gains,” Benjamin Pimentel reports for MarketWatch.

“Oracle shares (ORCL +4.61%) rose 4% in early trading, while Apple (AAPL +4.46%) jumped 3.3% and Microsoft (MSFT +1.68%) traded up by 1.4%,” Pimentel reports. “Microsoft and IBM Corp IBM +1.07% , which was up 1.2%, were among the top gainers on the Dow Jones Industrial Average DJIA +1.92% , which was recently up 160 points.”

Pimentel reports, “The Nasdaq Composite Index (COMP +3.54%) was ahead 2.4% at 2,414, while the Morgan Stanley High Tech 35 Index (MSH +3.18%) and the Philadelphia Semiconductor Index (SOX +3.12%) were each up more than 2%.”

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