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Wall Street gets lift from strong earnings at end of rough month

Updated : October 31, 2018 08:03 PM IST

Shares of Facebook Inc jumped 6.2 percent after the social media giant eased investor concerns by forecasting that margins would stop shrinking after 2019 as costs from scandals ease up.
Facebook reported a second-straight quarter of record-low user growth, confirming fears of slowing growth, but analysts said the results were not as bad as feared.
Wall Street gets lift from strong earnings at end of rough month
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