Wednesday, 30 January 2019

Wall Street wavers as tech gives ground and industrials rebound

By Noel Randewich (Reuters) - Wall Street was mixed on Tuesday, with Alphabet, Facebook and other technology-related shares dipping, while a rebound in 3M and other industrials elevated the Dow Jones Industrial Average. Apple Inc jumped 4 percent in extended trade after the iPhone maker posted quarterly results following its warning earlier this month that revenue would be less than previously expected due to softness in China, whose economy has been damaged by a trade war with the United States. Apple's stock had fallen 1.04 percent during the trading session, and its rebound after the bell helped push S&P 500 futures up 0.2 percent, suggesting Wall Street could open in positive territory on Wednesday

from Latest News Business on Firstpost http://bit.ly/2G9TTG2

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