Tech leads Wall Street rebound after worst day of 2019

📆 8/6/2019 6:54 PM
📰 ChannelNewsAsia

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REUTERS: U.S. stocks rose on Tuesday, helped by technology shares, as China stepped in to stabilize the yuan, a day after Wall Street's main ...

REUTERS: U.S. stocks rose on Tuesday, helped by technology shares, as China stepped in to stabilize the yuan, a day after Wall Street's main indexes suffered their sharpest one-day percentage declines of the year.

"Any positive response by either side that suggests some willingness to negotiate is really going to be taken well by investors." The technology sector , which includes companies that have a big exposure to China and were at the heart of Monday's selloff, rose 1.05per cent, the most among major S&P sectors.

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US: Wall St bounces back on tech boost after worst day of 2019[NEW YORK] US stocks opened higher on Tuesday, with the battered technology stocks providing the biggest boost, as China stepped in to stabilize the yuan, a day after Wall Street's main indexes racked up their steepest one-day percentage fall of the year. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »