US STOCKS-Technology stocks lift Wall Street out of tariff worries [Reuters]
Meta Platforms, Inc. - Class A (FB)
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Source: Reuters
US STOCKS-Technology stocks lift Wall Street out of tariff worries | Reuters Reuters Staff 3 Min Read * Microsoft hits record high on strong results * Trump threatens tariff on $500 bln worth of Chinese goods * GE dips on cut in cash target forecast * Indexes up: Dow 0.13 pct, S&P; 0.08 pct, Nasdaq 0.17 pct (Changes comment, adds details, updates prices) By Amy Caren Daniel July 20 (Reuters) - U.S. stock indexes edged higher on Friday as technology stocks rose on the back of solid results from Microsoft, easing fears of a rising trade spat after President Donald Trump toughened his stance against China. Microsoft rose as much as 3.6 percent to a record high of $108.20 and was the biggest boost to the S&P; 500 and the Dow Industrials. President Trump said he was ready to impose tariffs on all $500 billion of imported goods from China, unnerving financial markets in premarket trading. His comments on tariffs followed the United States and China imposing levies on $34 billion worth of ea
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