Here's what happened to the stock market on Wednesday

  • 📰 CNBC
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

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,

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Here's what happened to the stock market on MondaySharp gains in tech led the major averages higher to start the week. In short, we went to the moon! SaraEisen always negative!! Enough already Of course Chinese National Broadcasting Network is always negative when the market goes down it’s around the clock coverage but when it goes up they show Shark Tank
Source: CNBC - 🏆 12. / 72 Read more »

Here's what happened to the stock market on TuesdayStocks gave back some of the sharp gains from the previous session as a tech rally fizzled out and reopening names were under pressure.
Source: CNBC - 🏆 12. / 72 Read more »

Stock market live updates: Dow futures flat, U.S. virus cases near 3 million, tech resilientThis is CNBC's live blog covering the latest market-moving news. Here's what's happening on Wednesday. by Antonio Matragrano
Source: CNBC - 🏆 12. / 72 Read more »

5 things to know before the stock market opens WednesdayU.S. stock futures pointed to a mixed open Wednesday, one day after Wall Street's selloff ended multi-session winning streaks. 1- Sick people can't work 2- Out of work people have less money to spend 3- The number of sick people is rising 4- Trump screwed up by forcing states to re-open 5- Trump still hasn't a clue.
Source: CNBC - 🏆 12. / 72 Read more »

Mike Santoli's market notes: Hiding in big tech, mixed market action, stress on the horizon?New for subscribers: Mike Santoli's market notes: Hiding in big tech, mixed market action, stress on the horizon? Check out CNBCPro for a free trial.
Source: CNBC - 🏆 12. / 72 Read more »