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Tech stocks power Wall St indexes to fresh record-highs; Netflix up 3%

Global stocks came off all-time highs today as minutes from the ECB's last meeting showed policymakers were concerned about euro's rapid rise


The three main US indexes climbed to fresh record-highs for the fourth day in a row on Thursday, propelled by gains in technology stocks. Eight of the 11 major S&P indexes were higher, led by the information technology sector, which got a boost from Apple, Microsoft and Tech stocks, which have led much of the recent rally, have risen about 26 per cent this year. Data on Thursday pointed to underlying strength in the economy despite weather-related disruptions, with the trade deficit narrowing in August and jobless claims falling more than expected last ...

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First Published: Thu, October 05 2017. 21:16 IST