While you were sleeping: PayPal jumps

Thu, 27 Apr 2017

By Margreet Dietz April 28 (BusinessDesk) - Wall Street rose, pushing the Nasdaq to another record high, amid better-than-expected corporate earnings including from PayPal. In 2.34pm trading in New York, the Dow Jones Industrial Average rose 0.1 percent, while the Nasdaq Composite Index climbed 0.4 percent. In 2.19pm trading, the Standard & Poor’s 500 Index added 0.1 percent. The Nasdaq rose to a record high 6,050.46. Shares of PayPal traded 6.9 percent higher as of 2.39pm in New York after the company reported quarterly earnings that...

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