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Technology stocks, industrials boost Wall Street


By Amy Caren Daniel(Reuters) - U.S. indexes gained on Thursday, led by marquee technology stocks hitting record highs and a rebound in industrials, 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 1.5 percent, leading the gainers among 11 major S&P sectors. Industrials rose 1.04 percent, while the defensive utilities sector, down 0.16 percent, was the only decliner. CA Inc jumped 17.9 percent, the most on ...

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First Published: Thu, July 12 2018. 22:42 IST