Tech stocks close out first six-week rally since January 2020

Tech stocks still haven’t fully rebounded from a miserable 2022, but they’re rewarding investors who saw the selloff as too extreme.

The Nasdaq Composite gained 2% this week, wrapping up the sixth straight weekly rally for the tech-heavy index. It’s the longest such stretch since January 2020, before the Covid pandemic hit the U.S.

Stocks across the board got a big boost on Friday after a…