U.S. stocks rose to another record high as investors digested the latest batch of corporate earnings and data showing the American economy gained steam in the first three months of the year.
Amazon.com climbed after hours on a better-than-estimated revenue forecast, while Twitter sank amid a lacklustre outlook…
In regular trading, Apple wiped out its gains on concern that the iPhone’s growth might slow, after a blockbuster quarter as it faces a tightening supply of chips.
Facebook smashed expectations and surged 7.3 per cent. Alphabet rose 2.1 per cent, Microsoft fell 0.8 per cent.
Shares down under
Australian shares are poised to retreat on the final day of the month, with US investors opting to cash in amid concerns that companies may not continue reporting higher than expected earnings.
