Tag Archives: Straight

Bank and tech shares lead stock market higher a 4th straight day

US stocks climbed for the fourth straight day Tuesday as strong earnings continued to pull the market closer to the record high it set in late January. Industrial companies rose and banks moved higher as interest rates increased. Gains for Microsoft and Google’s parent company, Alphabet, helped technology companies. Companies including Hertz, Etsy, and Mosaic climbed after their results surpassed ... Read More »

TCS Shares Fall For Fourth Straight Day; Infosys, Wipro Also Hit

TCS shares fell for the fourth straight day after amid concerns over the impact of Brexit on the Indian outsourcing companies. TCS fell as much as 1.5 per cent today to Rs 2,458.4, extending its losses to 8 per cent in four days. Global brokerage Bank of America Merrill Lynch has downgraded TCS to “underperform” from “buy”, citing the Indian outsourcer’s ... Read More »