You are here: Home » International » News » Markets
Business Standard

Tech stocks lead Wall Street higher; GM edges up after brokerage upgrade

Seven of the 11 major S&P indexes were higher, led by gains in telecom services and technology sectors


Wall Street indexes inched higher on Monday morning, as gains in technology stocks slightly offset a drop in health shares. With no major US earnings or economic data scheduled this week, trading volumes were expected to thin leading up to Thursday's Thanksgiving holiday and an early close on Friday. "With earnings season now out of the way, macro news and the prospects of tax reform will basically guide the market," said Peter Cardillo, chief market economist at First Standard Financial in New York. "I don't expect the market to endure any sharp ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Mon, November 20 2017. 21:36 IST