US: Tech leads as stocks rise at start of big earnings week

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

[NEW YORK] The Nasdaq rallied on Monday, with large technology shares gaining ahead of earnings reports and semiconductor stocks surging on expectations the sector is primed for good results. Read more at The Business Times.

[NEW YORK] The Nasdaq rallied on Monday, with large technology shares gaining ahead of earnings reports and semiconductor stocks surging on expectations the sector is primed for good results.

Shares of Amazon, Facebook and Google parent Alphabet all rose ahead of earnings this week, along with Apple, which gained 2.3 per cent after Morgan Stanley lifted its price target.Market voices on: Chip stocks were especially strong after Goldman Sachs upgraded several companies in the sector and said oversupply in the industry would be sold off more quickly than previously thought.

Halliburton surged 9.2 per cent despite reporting lower second-quarter profits after it described increased oil and gas activity.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 15. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Tech leads as US stocks rise at start of big earnings weekNEW YORK: The Nasdaq rallied on Monday (Jul 22), with large technology shares gaining ahead of earnings reports and semiconductor stocks surging ...
Källa: ChannelNewsAsia - 🏆 6. / 66 Läs mer »

Chinese companies seeking new purchases of US farm products: XinhuaBEIJING: Some Chinese companies are seeking new purchases of U.S. agricultural products, China's official Xinhua news agency said on Sunday, ...
Källa: ChannelNewsAsia - 🏆 6. / 66 Läs mer »