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Stocks close higher, Nasdaq in the lead, as value rotation fizzles

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U.S. stocks closed mostly higher on Veterans Day, with some familiar names pacing the pack, as investors retreated to the safety of stocks that have done well throughout the coronavirus crisis.

U.S. stocks closed mostly higher on the Veteran's Day holiday, with some familiar names pacing the pack, as investors retreated to the safety of stocks that have done well throughout the coronavirus crisis. The Dow Jones Industrial Average DJIA, -0.07% lost 21 points, 0.1%, to close at about 29,400, based on preliminary readings, while the S&P 500 SPX, +0.76% gained 27 points or 0.8%, closing at about 3,573. The Nasdaq Composite index COMP, +2.

and Zoom Communications Inc. ZM, +9.92% both up more than 9% for the day.

 

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