Global stocks edge higher after tech woes, losses loom for first quarter

By Trevor HunnicuttNEW YORK (Reuters) - Riskier assets such as stocks steadied on Thursday, after a woeful week for giant technology companies, even as global equities careened towards their first quarterly drop in two years.Stock indexes tracked by the 47-country MSCI index glided 0.61 percent higher, as trading opened in New York with Facebook Inc, Apple Inc, Google parent Alphabet Inc retaking the market's leadership mantle.

On Wall Street, the Dow Jones Industrial Average rose 239.46 points, or 1 percent, to 24,087.88, the S&P 500 gained.

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