NEW YORK: US stocks rose on Friday after positive comments on the economy from bellwether General Electric Co eased worries about slowing earnings growth that sent stocks to six-week lows a day earlier.
GE, whose businesses range from jet engines to the NBC television network, reported better-than-expected earnings, giving a boost to other manufacturers like United Technologies Corp, Caterpillar Inc and 3M Co.
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!
