Coronavirus latest: Americans increase spending in June even as incomes slide
Harry Dempsey 7/31/2020, 1:42:26 PM Nasdaq jumps after bumper earnings for Big Tech Blowout quarterly results for tech giants propelled US stocks higher, even as much of the rest of the economy reports a deep blow from the pandemic. The tech-heavy Nasdaq 100 index jumped 1.7 per cent at the opening bell after four of the largest US tech companies posted resilient quarterly results late on Thursday. Facebook led the gains with a 7 per cent increase. Apple rose about 6 per cent, while Amazon climbed 5.7 per cent. Alphabet, the parent of Google, slipped 4 per cent after it...
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