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RSS FeedsGlobal stocks climb following two days of sharp losses
(WorldNews Asia)


12 october 2018 19:29:50

Global stocks climb following two days of sharp losses
(WorldNews Asia)

NEW YORK (AP) - U.S. stocks are climbing Friday after two days of sharp losses as market favorites like Apple lead the way higher. Major indexes are up more than 1 percent, but they’re still on track for their biggest one-week loss since late March. Technology companies recovered after taking some hard hits over the last two days. Apple climbed 2.9 percent to $220.71 and Microsoft gained 2.8 percent to $108.83. Consumer-focused companies also rallied, as Amazon jumped 4.1 percent to $1,789 and Netflix surged 5.5 percent to $338.74. The S&P 500 index climbed 36 points, or 1.4 percent, to 2,765 at 11:20 a.m. Eastern time. The benchmark index tumbled 5.3 percent over the past two...
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