Tuesday 2 February 2016

Intraday tips-Wall St cuts losses to close flat

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Strong gains in Facebook and Alphabet helped Wall Street cut losses and stage a late-day rally, with major indexes closing near the unchanged mark. 

Alphabet rose up 1.2 percent at USD 770.77 ahead of its results. After the bell, the Internet giant's stock jumped 9 percent and the company became the most valuable in the United States, surpassing the market cap of Apple.Twitter jumped 6.6 percent at USD 17.91 after talk of a private equity deal.

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