Stock market news: Tech rally keeps stocks afloat amid mixed earnings
Stocks edged higher on Wednesday as a rally in technology shares kept benchmarks afloat after disappointing earnings in the European banking and luxury sectors.
Stocks edged higher on Wednesday as a rally in technology shares kept benchmarks afloat after disappointing earnings in the European banking and luxury sectors.
Texas Instruments Inc. shares jumped in premarket trading, setting up the stock for the biggest gain in four years after the company’s revenue forecast indicated a slump in demand may be easing.
US mortgage rates increased to the highest level in five months, pushing down home-purchase applications for the fifth time in the last six weeks.
Toronto-Dominion Bank still sees foreign students as an important source of growth even as Prime Minister Justin Trudeau’s government has ushered in new caps on study permits in a bid to ease rental-housing demand.
Airlines will now have to provide automatic refunds to travelers if their flights are canceled or significantly altered under new US Department of Transportation rules.
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