You are here: Home » Reuters » News
Business Standard

Wall Street rebounds as technology, industrial stocks rise


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 ...

This article is no longer available in our repository.

There could be multiple reasons for this.

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