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Tech shares lead US stocks higher

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NEW YORK (AFP) - Wall Street stocks rose for a third straight session on Friday (Oct 9) with tech shares leading the way amid hopes for a US stimulus package and rising confidence about coronavirus therapeutics.. Read more at straitstimes.com.

NEW YORK - Wall Street stocks rose for a third straight session on Friday with tech shares leading the way amid hopes for a US stimulus package and rising confidence about coronavirus therapeutics.The broad-based S&P 500 gained 0.9 per cent to 3,477.13, while the tech-rich Nasdaq Composite Index jumped 1.4 per cent to 11,579.94.

The White House on Friday beefed up its offer, proposing a US$1.8 trillion package as Trump himself said on a radio show that he favoured an even larger package.

 

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