Nokia's US shares rise after T-Mobile says no plans to stop partnership

Nokia shares closed down around 7% after Earl Lum of EJL Wireless Research said in a LinkedIn post there is a chance that Nokia could be dropped by T-Mobile in favor of Swedish firm Ericsson. "We have made no decision to end our working relationship with Nokia, and any reports in the media implying this are untrue," T-Mobile said in a statement.