Technology shares lifted major indexes Wednesday, retaking the lead from the cyclical shares that had rallied in recent days on promising vaccine news.
The S&P 500 rose 0.8%, led by its information-technology sector. The tech-heavy Nasdaq Composite climbed 1.9%, a reversal after two days in the red, with the help of heavily weighted big tech stocks. Amazon.com shares advanced 3%, and Microsoft rallied 3%.
The…