Here's what happened to the stock market on Wednesday

Brasil Notícia Notícia

Here's what happened to the stock market on Wednesday
Brasil Últimas Notícias,Brasil Manchetes

Gains in major tech companies helped the major averages regain some of the losses from Tuesday's session.

advanced 2.70% and 1.95%, respectively. This gain in tech came as coronavirus cases in the U.S. topped 3 million.

"It seems like you flip a switch when those Covid cases go up, the country takes a step back in terms of reopening the economy and all those names find high demand," said one trader.Wednesday's move higher comes as the U.S. reported a record daily spike of more than 60,000 coronavirus cases on Tuesday. The total number of confirmed U.S. cases now totals more than 3 million,

 

Nothing that actually matters to 90% of the people that will read this article, I am guessing.

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