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Wall Street rising: Facebook, Alphabet gain


By Noel Randewich(Reuters) - Wall Street rose on Thursday, buoyed by popular technology companies including Facebook and Alphabet, while shares of yoga pants seller Lululemon Athletica also warmed up. Facebook Google parent-company Alphabet added over 1.5 percent, helping push the S&P 500 higher after the index lost ground for four straight sessions. General Electric increased about 0.8 percent after the industrial conglomerate said it was cutting 12,000 jobs at its global power business.Lululemon jumped 7.16 percent after the Canadian apparel maker reported a higher-than-expected profit ...

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First Published: Fri, December 08 2017. 01:31 IST