Another wobbly day of trading on Wall Street ended with more gains for stocks Wednesday, as the latest batch of company earnings reports kept investors in a buying mood.
About three-fourths of the companies in the benchmark S&P 500 index rose, led by communication services and technology stocks. Healthcare companies also accounted for a big share of the gains. Big retailers and other companies that rely directly on consumer spending fell. Amazon slid 0.4% and Gap fell 3.3%.
Small-company stocks bucked the broader market rally. The Russell 2000 index fell 21.22 points, or 1%, to 2,029.52.Meta plunges as Facebook users stall, forecast falls short Inflation remains a key concern as rising costs threaten profit margins and put more pressure on consumer spending. The Federal Reserve intends to raise interest rates to try to cool inflation, which is at a four-decade high. Investors expect the first rate hike in March and at least three more in 2022.
Suckers turn to pile in.
PSA: Even Spotify
Some months back I had no way of taking care of my kids , had no job or money also struggling through the pandemic,so I decided to try Bitcoin trading with the help of Allison_Grillo I was able to earn $50,000 now am financially stable.
I always hated Bitcoin and thought it was a scam,till I met Allison_Grillo I made my withdrawal of $45,000 in 2 weeks thanks to Allison_Grillo Now am financially stable .
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
La source: CNBC - 🏆 12. / 72 Lire la suite »