28-04-2016 19:00 via news.yahoo.com

Wall Street recovers as Facebook, M&A cushion BOJ shock

The Nasdaq rose on Tuesday as strong results from Facebook and a flurry of dealmaking helped offset the impact of the Bank of Japan's surprising decision to hold off from expanding monetary stimulus. The Dow, however, remained lower as IBM and Home Depot fell about 1 percent. Facebook jumped as much as 10.9 percent to a record of $120.79, a day after the company reported a 50 percent rise in revenue.
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