Technology, retailers help drive rebound in US stocks

16May - by Editor - 0 - In STL.News



Technology, retailers help drive rebound in US stocks

May 16, 2018 (AP)(STLRealEstate.News) –U.S. stocks notched solid gains Wednesday, recouping some of the market’s losses from a day earlier.

Technology and health care companies drove much of the rebound, outweighing losses in safe-play stocks like utilities and real estate investment trusts. Small-company stocks fared better than the rest of the market.

Macy’s led a rally among retailers after reporting surprisingly strong results, adding to the strong wave of corporate earnings in recent weeks.

Continue reading Technology, retailers help drive rebound in US stocks at STL.News.



Source link