WallStreet Rises As Tech Shares Rebound After Huawei Reprieve

WallStreet Rises As Tech Shares Rebound After Huawei Reprieve

Wednesday, May 22, 2019
The DowJones Industrial Average rose 185.87 points, or 0.72%, to 25,865.77, the S&P 500 gained 25.69 points, or 0.90%, to 2,865.92 and the Nasdaq Composite added 88.86 points, or 1.15%, to 7,791.24.

Shares of technology companies helped push Wall Street forward on Tuesday after the United States temporarily eased curbs on China’s Huawei Technologies Co Ltd, alleviating investor concerns about pressure on future corporate results in the sector.

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