NEW YORK: Blue-chip stocks eked out slight gains on Friday amid renewed hopes for a recovery, but the Nasdaq finished lower on near record volume as investors booked profits from a rally on news of Oracle Corps proposed takeover of software rival PeopleSoft Inc.
The broad Standard & Poors 500 index also ended Fridays session slightly lower.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!