Dow rises over 100 points as stocks continue rebound from selloff

Stocks opened mostly higher Wednesday, a day after the S&P 500 and Nasdaq Composite snapped four-day losing streaks and the Dow Jones Industrial Average ended a three-day string of declines. The Dow DJIA, +0.59% rose 130 points, or 0.5%, to 27,418, while the S&P 500 rose 0.1% to 3,319. The Nasdaq Composite COMP, -0.

25% lagged behind, falling 0.2% to 10,947. Shares of Dow component Nike Inc. NKE, +10.31% soared more than 9% after the athletic-apparel maker late Tuesday reported quarterly results that beat expectations. Shares of Johnson & Johnson JNJ, +1.63% rose 2% after the company said it launched its pivotal global Phase 3 trial of its COVID-19 vaccine candidate.

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Stocks Close Sharply Lower; Dow Drops More Than 500 PointsThe Dow industrials dropped about 515 points, falling in tandem with oil and gold prices. Investors see dwindling prospects for a new stimulus package amid the campaign season. Boo hoo! Does the song on my profile have potential to blow up? DOW fell like 800 points then everybody started buying in the last hour.
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