You are here: Home » Reuters » News
Business Standard

Tech stocks, industrials lead Wall Street higher


By Amy Caren Daniel(Reuters) - U.S stocks gained on Thursday, led by marquee technology stocks hitting record highs and a rebound in industrial stocks, as optimism of a strong earnings season offset fears about a U.S-China trade war.Facebook, Microsoft and Amazon hit all-time intraday highs and along with Apple and Alphabet powered the S&P 500 and Nasdaq higher.The technology sector rose 1.3 percent, leading the gainers among the 11 major S&P sectors. Industrials rose 1 percent.CA Inc jumped 18.1 percent, the most on the S&P 500, after chipmaker Broadcom announced a surprise $18.9 billion ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Thu, July 12 2018. 21:34 IST