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Monday, August 25, 2014

Stocks Rise As Biotechs Lead; Amazon To Buy Twitch



Investor's Business Daily - Investing RSS http://ift.tt/1pZbbH3 Stocks were moderately higher Monday with biotech stocks leading the way. The Nasdaq and the Dow Jones industrial average rose 0.4% and the S&P 500 gained 0.5%, closing above the 2000 level for the first time. After the close, Amazon (AMZN) announced it was paying $970 million to buy Twitch, a live video platform for gamers. Viewers can watch other people play video games. Amazon rose nearly 1% in the regular session, but wasn't active in the


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