comparemela.com

Latest Breaking News On - லாசார்ட் சொத்து மேலாண்மை - Page 12 : comparemela.com

US STOCKS-Wall Street rallies on strong economic data; tech in focus

Honeywell down on aerospace unit revenue miss Pinterest up as Credit Suisse raises price target Indexes up: Dow 0.7%, S&P 500 1.2%, Nasdaq 1.6% (Adds mid-afternoon prices) April 23 (Reuters) - U.S. stocks rose in a broad rally on Friday as increased factory output and housing data supported expectations of a swift economic recovery,while big tech stocks rose in anticipation of strong earnings reports next week. The bounceback follows a sell-off on Thursday when reports that U.S. President Joe Biden plans to almost double the capital gains tax spooked some investors. Analysts dismissed the sell-off as a knee-jerk reaction, saying equities are poised for new highs.

Wall Street rallies on strong economic data; tech in focus

Article content U.S. stocks rallied on Friday, driving the S&P 500 to a near-record closing high, after factory data and new home sales underscored a booming economy while big tech stocks rose in anticipation of strong earnings reports next week. The bounceback follows a sell-off on Thursday when reports that U.S. President Joe Biden plans to almost double the capital gains tax spooked investors. Analysts dismissed the slide as a knee-jerk reaction and pointed to the strong outlook. We apologize, but this video has failed to load. Try refreshing your browser, or Wall Street rallies on strong economic data; tech in focus Back to video

Wall Street rallies on strong economic data; tech in focus - Netscape Money & Business

Wall Street rallies on strong economic data; tech in focus By Herbert Lash Reuters (Reuters) -U.S. stocks rallied on Friday, driving the S&P 500 to a near-record closing high, after factory data and new home sales underscored a booming economy while megacap stocks rose in anticipation of strong earnings reports next week. The bounceback follows a sell-off on Thursday when reports that U.S. President Joe Biden plans to almost double the capital gains tax spooked investors. Analysts dismissed the slide as a knee-jerk reaction and pointed to the strong outlook. As the three major Wall Street indexes surged, the CBOE market volatility or fear index plunged almost 10% in a sign of tumbling investor anxiety about the risks ahead.

Wall Street rallies on strong economic data; tech in focus

Wall Street rallies on strong economic data; tech in focus
marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.