Tech shares boost Wall St. after Huawei reprieve By Reuters

Tech shares boost Wall St. after Huawei reprieve

Stock MarketsMay 21, 2019 04:04PM ET

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Tech shares boost Wall St. after Huawei reprieve

NEW YORK (Reuters) - Shares of technology companies helped lift Wall Street on Tuesday after the United States temporarily eased curbs on China's Huawei Technologies Co Ltd, alleviating investor concerns about pressure on future corporate results in the sector.

The Dow Jones Industrial Average rose 197.7 points, or 0.77%, to 25,877.6, the S&P 500 gained 24.23 points, or 0.85%, to 2,864.46 and the Nasdaq Composite added 83.35 points, or 1.08%, to 7,785.72.

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