US STOCKS-Tech stocks help Wall Street tick higher

US STOCKS-Tech stocks help Wall Street tick higher
By Sruthi Shankar
Nov 20 (Reuters) – Wall Street indexes inched higher on Monday morning, as gains in technology stocks slightly offset a drop in health shares.
With no major U.S. earnings or economic data scheduled this week, trading volumes were expected to thin leading up to Thursday’s Thanksgiving holiday and an early close on Friday.
“With earnings season now out of the way, macro news and the prospects of tax reform will basically guide the market,” said Peter Cardillo, chief market economist at First Standard Financial in New York.
“I don’t expect the market to endure any sharp sell-off or sharp gains (today).”
The U.S. House of Representatives passed their version of a tax bill last week. But the Senate, from which it has already faced resistance, is expected to vote on their vers
US STOCKS-Tech stocks help Wall Street tick higher