06-03-2017 21:55 via yahoo.com

IT services firm stocks dip after government suspends fast tech visas

By Noel RandewichSAN FRANCISCO (Reuters) - Technology services company shares dipped on Monday after the Trump administration announced it would temporarily suspend expedited applications for H-1B visas widely used by foreign tech workers.U.S. shares of Indian IT company Infosys Ltdfell 1.2 percent and Wipro Ltdedged down 0.2 percent after the U.S. Citizenship and Immigration Services (USCIS) said on Friday that it would suspend "premium processing" of the visas for up to six months.Following Pr
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