Technology shares were higher.
About 2,100 people at Yahoo and AOL will lose their jobs after Verizon Communications completes its acquisition of Yahoo. Yahoo shareholders approved the $4.5 billion transaction Thursday.
Alibaba said annual revenue in fiscal 2018 could grow as much as 49%, sending its shares sharply higher.
Microsoft agreed to buy Hexadite, a cybersecurity company that uses artificial-intelligence technology to rate threats, as well as provided remediation. The companies didn’t disclose terms.
(END) Dow Jones Newswires
June 08, 2017 18:21 ET (22:21 GMT)