Northern Wyoming Daily News - Serving the Big Horn Basin for over 100 years

US tech stocks jump; Amazon deal shakes health care firms

 

June 29, 2018



NEW YORK (AP) — A rally for technology companies helped U.S. stocks recover some of their recent losses Thursday, but trading remained uneven as investors tried to figure out if the tensions between the U.S. and other nations will spill over into a trade war.

Technology companies and banks were responsible for the bulk of the gains. Amazon surged and shook investors in two separate industries. The online retailer said it’s buying online pharmacy PillPack, which led to sharp losses for drugstores and companies that distribute prescription medications to pharmacies. Amazon also announced...



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