Investors likely more upbeat, as Wall Street lifts, virus fears ease

Thu, 23 Jan 2020

Investors will likely be more upbeat as the S&P 500 and the Nasdaq hit record highs buoyed by an upbeat IBM and as fears about a virus outbreak in China abated.International Business Machines Corp shares jumped 3.5 percent after the company forecast full-year profit above market expectations on strength in its high-margin cloud computing business.In New Zealand, stocks with exposure to the tech sector include Vista, Gentrack, and Wellington Drive Technologies, which rose strongly yesterday after saying it had passed a million units sold of...

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