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Tech And Internet Stocks Help Markets Recover Losses

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According to Reuters, tech and internet stocks helped Wall Street recover from losses the day before. On the day for Jan. 15th, Netflix shares rose over 6-percent after announcing increased pricing for US subscribers. But gains for Netflix led to gains for Apple, Alphabet, and Amazon. Tech gains led the S&P 500's technology sector to rise by 1.5-percent, while Netflix helped boost the communication services sector by 1.7-percent. The S&P grew about 1-percent on the day, adding about 28-points.

Added on the 15/01/2019 18:05:27 - Copyright : Wochit

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