CORRECTED-US STOCKS-Wall St rises on strong earnings, chipmakers fall after Intel outlook

(Corrects to remove reference to three stocks in fourth paragraph)

* Social media stocks rally after strong results

* AmEx jumps on blowout Q2 profit

* Intel sales forecast implies rocky second half of 2021

* Indexes up: Dow 0.39%, S&P 0.44%, Nasdaq 0.26%

By Devik Jain and Shreyashi Sanyal

July 23 (Reuters) – Wall Street’s main indexes rose on Friday, helped by megacap technology stocks and strong earnings from social media companies, while a weak sales forecast from Intel hit chipmakers amid…


Source link

About search

Check Also

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

[unable to retrieve full-text content]European Stocks Drop With US Tech Rally Faltering: Markets Wrap  Yahoo Finance …

Leave a Reply

Your email address will not be published. Required fields are marked *