Tech resurgence, earnings lift mood at end of brutal month - Dealers Care

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Thursday, 1 November 2018

Tech resurgence, earnings lift mood at end of brutal month

By Shreyashi Sanyal (Reuters) - U.S. stocks rose for a second day on Wednesday, as investors snapped up beaten-down technology favorites and strong results for General Motors and a host of other companies lifted spirits at the end of a torrid month for global equities. Shares of Facebook Inc gained 3.7 percent after the social media giant said margins would stop shrinking after 2019 as costs from scandals ease.

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