Wall St. propped up by tech stocks

Wall St. propped up by tech stocks
 

Wall Street was higher for the first time in three days on Tuesday as a rise in technology stocks helped offset losses in energy shares.
Google parent Alphabet rose 0.7 percent after JPMorgan raised its price target on the stock, driving the S&P 500 technology index up 0.4 percent.
However, oil prices fell 2.8 percent to $46.05 as hopes for a deal to cut output faded. The S&P 500 energy index dropped 1.22 percent. [O/R]
With just six weeks until Election Day, some investors see a toss-up contest creating volatility in certain sectors, including health insurers, drugmakers and... read more

 
27 September 2016 in World News, Views: 27
Source: Reuters
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