US stocks boosted by Microsoft, Amazon
Quotes

US stocks boosted by Microsoft, Amazon

Last Updated: Friday, October 25, 2013, 19:21
 
 Comment 0
 
US stocks boosted by Microsoft, Amazon
New York: US stocks Friday opened higher as better-than-expected earnings reports from technology giants Microsoft and Amazon kept all three key indices in positive territory.

Five minutes into trade, the Dow Jones Industrial Average rose 28.57 (0.18 percent) to 15,537.78.

The broad-based S&P 500 increased 4.39 (0.25 percent) to 1,756.46, while the tech-rich Nasdaq Composite Index jumped 25.27 (0.64 percent) to 3,954.23.

Both Amazon and Microsoft were up more than 6 percent on results released after the market closed Thursday.

Trade was also supported by quarterly reports from Procter & Gamble and UPS that either met or exceeded expectations.



AFP

First Published: Friday, October 25, 2013, 19:21


Comments


comments powered by Disqus
BRICS Annual Summit 2014
BRICS Annual Summit 2014
Tata Zest Standout Features: In Pics
Tata Zest Standout Features: In Pics
New car launches in July
New car launches in July
Tata Zest first drive review: In pics
Tata Zest first drive review: In pics
Google I/O 2014
Google I/O 2014

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved