The Traderszone Network

Published in TZ Latest News 1 February, 2016 by The TZ Newswire Staff

Wall Street cuts losses to close flat; Alphabet jumps after hours

Alphabet rose up 1.2 percent at $770.77 ahead of its results. Stocks had been lower earlier in the day as weak Chinese economic data added to concerns about a global slowdown and oil prices resumed their slide. “Maybe people were relieved that there wasn’t a selloff and that kind of brought some buyers into the market,” said Eric Kuby, chief investment officer, North Star Investment Management Corp in Chicago.