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Wall Street rebounds as technology, industrial stocks rise

Reuters 

By Amy Caren Daniel(Reuters) - Technology and industrial stocks led Wall Street higher on Thursday as some big deals and optimism about the earnings season helped offset fears about a U.S-China trade war.CA Inc jumped 18.1 percent, the most on the benchmark S&P 500 index, after chipmaker Broadcom announced a surprise $18.9 billion deal to buy the U.S. business software company. Broadcom fell 16.8 percent, leading S&P losers.Comcast gained 0.7 percent after it made a $34 billion bid for European pay-TV group Sky, trumping an offer from 21st Century Fox. Shares of Rupert Murdoch's company ...

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First Published: Thu, July 12 2018. 20:47 IST
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