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Tech Stocks Rebound

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According to Reuters, U.S. stocks rose for a second day on Wednesday, as investors snapped up technology favorites and strong results for General Motors and a host of others lifted spirits at the end of a torrid month for global equities. Shares of Facebook Inc (FB.O) jumped 2.7 percent after the social media giant said margins would stop shrinking after 2019 as costs from scandals ease. The S&P communication services index .SPLRCL, which also houses Alphabet and Netflix, rose 2.03 percent.

Added on the 31/10/2018 13:02:21 - Copyright : Wochit

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