You are here: Home » Reuters » News
Business Standard

Wall Street jumps with technology stocks, industrials

Reuters  |  NEW YORK 

By Caroline ValetkevitchNEW YORK (Reuters) - U.S. stocks climbed on Thursday as top technology names hit record highs and industrials rebounded, offsetting worries 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 index rose 1.6 percent, the day's best-performing sector, and the group is now leading year-to-date gains among sectors. Industrials rose 1.1 percent, while the defensive utilities sector , which had outperformed recently, was down 0.1 percent.Helping ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Fri, July 13 2018. 02:25 IST
RECOMMENDED FOR YOU