Microsoft, Apple lift Wall Street as investors await stimulus; Nasdaq up 1%

Topics Wall Street | Microsoft | Apple

Wall Street's main indexes rose on Monday as a rebound in multi-billion dollar deals, including Microsoft's pursuit of TikTok's U.S. operations, lifted sentiment in the absence of a fiscal coronavirus relief bill.

Microsoft jumped 4% on saying it would push ahead with talks to acquire the U.S. operations of Chinese-owned TikTok after President Donald Trump reversed course on a planned ban of the short-video app. Apple Inc jumped for a second straight day following stunning quarterly results and announcing a four-for-one.....

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