Relief rally on Wall Street after better-than-feared earnings
The tech-heavy Nasdaq led a strong rally on Wall Street due to a strong quarterly report from Facebook's parent company Meta Platforms Inc. Shares in Meta were up 14% after the company forecast quarterly revenue above the expectations. S&P 500 Communication Services Index ended up 5.5%, and the Dow Jones Industrial Average rose by 1.57%.
Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.
