While you were sleeping: Intel rallies after earnings

Wed, 15 Apr 2015

By Margreet Dietz April 16 (BusinessDesk) - Wall Street gained as shares of Intel rallied on better-than-expected earnings, while the latest economic reports bolstered expectations the Federal Reserve won’t be in a rush to raise interest rates. In late afternoon trading in New York, the Dow Jones Industrial Average added 0.55 percent, while the Standard & Poor’s 500 Index gained 0.71 percent, while the Nasdaq Composite Index climbed 0.86 percent. Gains in shares of Intel and those of Caterpillar, last up 4.7 percent and 3.2 percent re...

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