Tech stocks rose in pace with the broader market Monday, ahead of what’s expected to be a relatively strong earnings season, but Morgan Stanley is starting to see leaks in the sector’s gas tank.
Tech stocks on the S&P 500 index SPX, +0.88% rose 0.8% while the broader index finished up just shy of a 0.9% gain. Much of the drag on the tech sector came from shares of Twitter Inc. TWTR, -0.25% which fell 5.4% after a report of account suspensions.
