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S&P 500 ends up; Time Warner shares jump after hours

Reuters  |  NEW YORK 

By Caroline ValetkevitchNEW YORK (Reuters) - The S&P 500 and Nasdaq ended higher on Tuesday, boosted by gains in the technology and utilities sectors, and shares of media and telecom companies jumped in extended trade after AT&T won court approval to buy Time Warner.Time Warner shares rose 4.4 percent in after-hours trading, while AT&T shares fell 2.8 percent. The planned deal, which was approved without conditions, could open the door to other potential industry deals.Twenty-First Century Fox Inc jumped 7.2 percent in extended trade after the ruling on expectations that Comcast Corp and ...

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First Published: Wed, June 13 2018. 04:39 IST
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