India, June 29 -- A wild trading day took place on Wall Street as investors reevaluated their technology positions after a big sell-off triggered by the semiconductor industry although the indexes have managed to rebound from early losses, sentiment remains cautious as the fall in Micron Technologies shares weighed on the upside momentum of several mega cap technology shares.

The situation was also being monitored due to U.S.-Iran tensions, oil prices, Treasury yields and expectations from the Fed. Even amid the bearish sentiment in the semiconductors space, the rally witnessed in names like Amazon, Microsoft, Honeywell and Applied Materials served to temper some losses. For its part, SpaceX came under scrutiny as a result of being inclu...