technology

Wall Street ends sharply higher, driven by technology

Wall Street ends sharply higher, driven by technology

The New York Stock Exchange concluded sharply higher on Wednesday, driven by the Nasdaq and encouraging corporate results, after the decline the day before when tensions with China had weighed. According to final results at the close, the Dow Jones index gained 1.29% to 32,812.50 points, the tech-heavy Nasdaq jumped 2.59% to 12,668.16 points and …

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For tech, the euphoria of the pandemic is over

For tech, the euphoria of the pandemic is over

Amazon and Apple reassured the market somewhat on Thursday with better-than-expected sales, after many disappointing performances from other tech companies battling the economic downturn. The e-commerce giant made more than $121 billion in revenue in the second quarter, up 7%, despite an unfavorable comparison with last year. Its stock jumped more than 10% in electronic …

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