Investors Look for Bargains in U.S. Stock ETFs

U.S. equities and stock exchange traded funds rebounded Wednesday, with growth technology names leading the charge, as traders tried to capitalize on the biggest one-day pullback since the election.

The S&P 500 Index, along with related funds including the SPDR S&P 500 ETF (NYSEArca: SPY), iShares Core S&P 500 ETF (NYSEArca: IVV) and Vanguard 500 Index (NYSEArca: VOO), were 0.1% higher Wednesday.

The tech sector was leading the charge, with the tech-heavy PowerShares QQQ (NasdaqGM: QQQ) up 0.5% and sector-specific Technology Select Sector SPDR Fund (NYSEArca: XLK) 0.6% higher.

The bounce comes off the worst day for the equities market since the election as major indices declined over 1%.