06-03-2017 20:44 via yahoo.com

IT services firm stocks dip after govt 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 Ltd fell 1.2 percent and Wipro Ltd edged 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
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