News Formal

Stocks rise on Wall Street a day after broad sell-off

  • 📰 WOKVNews
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Stocks rose in morning trading on Wall Street Tuesday as investors are tempted by lower prices a day after the S&P 500 hit its lowest level in more than a year

The S&P 500 rose 1% as of 10:11 a.m. Eastern. The benchmark index clawed back some of its losses from a day prior when it slumped 3.2%. The Dow Jones Industrial Average rose 166 points, or 0.5%, to 32,417 and the Nasdaq rose 1.6%.

Health care companies also made solid gains. Pfizer rose 1.7% as it moves to buy migraine treatment developer Biohaven Pharmaceuticals for $11.6 billion. Pfizer already owns a portion of that company. The central bank has raised its key rate from close to zero, where it sat for much of the coronavirus pandemic. Last week, it indicated it will double the size of future increases from its usual margin.

tumbled 13% as the former pandemic darling of investors reported another quarter of lackluster earnings. Food distributor Sysco rose 8.2% after beating Wall Street's financial forecasts.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 247. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Asia-Pacific stocks set for opening declines following Wall Street tumbleOvernight stateside, the tech-heavy Nasdaq Composite dropped more than 4% as shares on Wall Street fell.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Wall Street, dragged down by tech stocks, racks up more heavy losses6
Источник: washingtonpost - 🏆 95. / 72 Прочитайте больше »