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Wall St. edges up on modest tech rebound

NEW YORK U.S. stocks advanced modestly on Tuesday as technology shares bounced from sharp losses in the prior session and comments from Fed Chair Janet Yellen boosted expectations of a December rate hike.

Recent Business News

Bombardier shares leap 14 percent ahead of U.S. trade court ruling

TORONTO Shares of Bombardier Inc rose as much as 13.6 percent on Tuesday ahead of a U.S. trade court's preliminary ruling on Boeing Co's CSeries aircraft dumping complaint.

3:08pm EDT

U.S. homes in on labor, investment as top officials join talks

OTTAWA Top officials from Canada, the United States and Mexico join negotiations on modernizing NAFTA in Ottawa on Tuesday where the U.S. is expected to present draft text on issues such as labor, investment and intellectual property.

1:56pm EDT

Private equity may win in U.S. Republicans' tax plan

WASHINGTON U.S. President Donald Trump's promise to close the "carried interest" tax break that benefits some of Wall Street's wealthiest financiers could be defanged if his administration proceeds with an exemption for certain firms.

2:17pm EDT

FCC finds 'effective competition' in U.S. wireless market

WASHINGTON A divided Federal Communications Commission on Tuesday approved a report that found for the first time since 2009 there is "effective competition" in the wireless market, a finding that could help Sprint Corp and T-Mobile US Inc to merge.

Tech, Deals 2:22pm EDT

Active fund managers ride tech stocks to best performance since 2009

NEW YORK An overweight position in technology stocks like Facebook Inc and Google-parent Alphabet Inc is helping more active fund managers beat their benchmarks than at any point since 2009.

3:24pm EDT


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