Tech stocks making a comeback? Giants open streak of gains

Large tech stocks led the rally, with $Apple (AAPL.US)$ posting its tenth straight gain, $Amazon (AMZN.US)$ rising 1.7% to a new high since Jan. 4, becoming the first large tech stock to recover all of its losses for the year, and $Tesla (TSLA.US)$ jumping more than 7%.
Major technology and internet stocks have made a comeback over the past two weeks despite a spike in U.S. Treasury yields, suggesting that the improving earnings outlook is starting to erase market concerns about a rising interest rate environment and geopolitical tensions.
Markets may have been selling off earlier in the year, but individual investors are buying declining stocks and boosting their portfolios, $Goldman Sachs (GS.US)$ said.
In a note dated March 25, the bank highlighted a basket of its most popular retail stock picks amid continuing market conditions. These include technology giants such as Apple and Amazon, chipmakers $NVIDIA (NVDA.US)$ , electric car companies, and streaming giants such as $Netflix (NFLX.US)$ .