While you were sleeping: GE stock climbs on bets of Buffett play

Tue, 27 Mar 2018

By Margreet Dietz March 28 (BusinessDesk) - Wall Street climbed, spurred on by a rally in General Electric shares amid speculation US billionaire Warren Buffett might buy a stake in the company. Optimism that talks between the US and China might avert a global trade war also underpinned the mood, at least for now. “There’s going to be continued volatility in the short term and a lot of it will depend on how the fundamental news flow comes out,” Lisa Erickson, head of traditional investments at US Bank Wealth Management in Helena, Mon...

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