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Stocks inch up as media and bank earning cancel out technology company

collected by :Raul Soly

Cable provider Charter Communications surged on a report it might be bought by a Japanese technology company.

Stocks inch up as media and bank gains cancel out tech dipPhoto: Mark Lennihan, AP Image 1 of / 1 Caption Close Image 1 of 1 FILE – This Wednesday, Dec. 21, 2016, file photo shows the New York Stock Exchange.
U.S. stocks are starting the week higher as media companies gain, Monday, July 31, 2017.
less FILE – This Wednesday, Dec. 21, 2016, file photo shows the New York Stock Exchange.
Scripps Networks, the company behind … more Photo: Mark Lennihan, AP Stocks inch up as media and bank gains cancel out tech dip 1 / 1 Back to GalleryNEW YORK (AP) — U.S. stocks finished mostly higher Monday as banks, media and energy companies climbed just enough to cancel out losses for technology companies including Facebook and Amazon.

Technology companies missed out

as declared in Cable provider Charter Communications surged on a report it might be bought by a Japanese technology company.
Alphabet, Google’s parent company, shed $12.83, or 1.3 percent, to $945.50 and chipmaker Micron Technology lost $1.18, or 4 percent, to $28.10.
The report Sunday said that SoftBank initially wanted to combine Charter with Sprint, but after Charter rejected that idea, the technology company may buy Charter outright.
Among technology companies, Facebook lost $3.20, or 1.9 percent, to $169.25.
Stocks inch

as declared in

Stocks inch up as media and bank gains cancel out tech dip

U.S. stocks finished mostly higher Monday as banks, media and energy companies climbed just enough to cancel out losses for technology companies including Facebook and Amazon.
Alphabet, Google’s parent company, shed $12.83, or 1.3 percent, to $945.50 and chipmaker Micron Technology lost $1.18, or 4 percent, to $28.10.
Technology companies missed out.
Its stock added $1.19 to $242.46.
Among technology companies, Facebook lost $3.20, or 1.9 percent, to $169.25.
 tech dip

 

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