S&P 500 narrowly misses record close by 6 points as stock market bounces back from Tuesday's slump

U.S. stock benchmark finished sharply higher Wednesday, a day after the Dow Jones Industrial Average and the S&P 500 halted a win streak at seven sessions, as investors eyed the trajectory of the coronavirus pandemic and stronger-than-expected economic data. Wednesday's action was marked by a return to the trades that have worked throughout the pandemic, large-capitalization tech stocks and stay-at-home companies, which have lead the rally back from the coronavirus lows in March.

40% closed about 6 points shy from a record close, ending at around 3,380, based on preliminary levels. That narrowly misses the Feb. 19 closing high at 3,386.15. The Dow Jones Industrial Average DJIA, +1.04% finished up 1.1% at 27,977, also on a preliminary basis. Meanwhile, the technology-laden Nasdaq Composite Index COMP, +2.12% resumed its dominance, which had seemed to fade in recent days, finishing up 2.1% at 11,012.

the stock market is up right on!

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Stock market news today: Dow and S&P 500 updatesWall Street opens in the green, reversing yesterday's losses that put an end to a seven-day winning streak for the S&P 500 and the Dow. Wall Street really doesn’t reflect what is really going on does it? The Stock Market is being propped up by the Fed to the tune of trillions of dollars of taxpayer money. This is to make the billionaires happy and bloated with incalculable sums. The rest of us can just starve to death thanks to Trump. There were losses on the day DementiaJoe announced HeelsUpHarris for VP?
La source: CNN - 🏆 4. / 95 Lire la suite »

US stocks open higher, pushing S&P 500 near all-time recordStocks open higher on Wall Street, pushing the S&P 500 ever closer to the all-time high it reached back in February, before the coronavirus shutdowns slammed the economy. The index was up 0.3% in the early going Tuesday. There's a total disconnect between Wall Street and Main Street. yeah billionaires making billions while millions lose their homes cool country yo
La source: AP - 🏆 728. / 51 Lire la suite »