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IBM lifts stocks as stimulus, jobs in focus

Added 10-08-20 09:04:02am EST - “Stock futures rose Thursday morning after the debate between Vice President Mike Pence and Sen. Kamala Harris took place Wednesday night without a hitch? and increased optimism surrounding additional fiscal stimulus.” - Foxbusiness.com

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Posted By TheNewsCommenter: From Foxbusiness.com: “IBM lifts stocks as stimulus, jobs in focus”. Below is an excerpt from the article.

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Stock futures rose Thursday morning after the debate between Vice President Mike Pence and Sen. Kamala Harris took place Wednesday night without a hitch and increased optimism surrounding additional fiscal stimulus.

Dow futures rose 208 points, a gain of 0.74%, while contracts for the NASDAQ Composite and S&P 500 both added to Wednesday's gains, adding 0.68% and 0.54%, respectively.

IBM said on Thursday it would spin off its managed infrastructure services unit into a newly public traded company, as the tech services giant continues to focus on its hybrid cloud business.

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