Wall Street propped up by tech, discretionary stocks

Wall Street propped up by tech, discretionary stocks
 

Wall Street rose for the first time in three days on Tuesday, helped by technology and discretionary stocks, but weak oil prices limited gains.
The S&P 500 technology sector rose 0.7 percent and gave the biggest boost to the benchmark index, helped by a 1 percent rise in Google parent Alphabet's stock.
Amazon.com rose 1.3 percent, lifting the consumer discretionary index. JPMorgan raised its price targets on the two stocks.
The consumer sector also got a boost from a report that showed the consumer confidence index unexpectedly rose to 104.1, marking its highest level since August... read more

 
27 September 2016 in World News, Views: 31
Source: Reuters
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