US stocks end higher but Twitter tumbles

US stocks end higher but Twitter tumbles
 

US stocks closed higher on Monday, with oil firms boosting the Dow Jones index, as crude prices rose.
Exxon was the biggest riser on the index, adding 2%, while Chevron rose 1.9%, as US crude prices jumped 3% to $51.35 a barrel, a one-year high.
But shares in Twitter tumbled 11.5% after reports that more bidders had lost interest in a takeover bid.
Bloomberg said that Google, Walt Disney and Salesforce were now unlikely to make an offer.
The social media site is said to be considering a takeover deal amid concerns over its growth.
Overall, the Dow Jones Industrial Average ended up 0.5% at... read more

 
10 October 2016 in Business, Views: 46
Source: BBC
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