Stocks end modestly higher after a choppy day of trading

  • 📰 latimes
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 82%

United States News News

United States United States Latest News,United States United States Headlines

The Standard & Poor's 500 rose 0.3%, with 62% of the stocks within the benchmark index closing higher.

Evidence suggests the pandemic has made U.S. drivers more reckless — more likely to speed, drink or use drugs and to leave their seatbelts unbuckled.Markets had slipped the previous two weeks over several concerns, including rising inflation, the newest coronavirus variant and how both issues could affect economic growth. Stocks steadied this week after comments from Dr.

The tech-heavy Nasdaq had also been down in the early going before bouncing back to gain 100.07 points and end at 15,786.99. A wide range of travel-related companies gained ground in a sign that investors are confident that the industry will continue its recovery despite the threat from the Omicron variant.

Technology companies accounted for a big slice of the S&P 500’s gains, though Apple’s 2.3% rise did a lot of the heavy lifting as its weighting gives it a large influence on the sector. Other big tech companies fell, including chipmaker Nvidia, which dropped 1.9%, and Intel, which closed 1.6% lower.

 

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

 /  🏆 11. in US

United States United States Latest News, United States United States Headlines

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

Asia stocks bounce from one-year low, China gains on monetary easingAsian shares staged a recovery on Tuesday on receding worries about the impact of the Omicron variant while Chinese markets were supported by the central bank easing monetary policy.
Source: Reuters - 🏆 2. / 97 Read more »

Public.com | Invest in StocksMaria Sharapova is looking to make financial literacy more accessible. The tennis champion announced Monday that she has taken an equity stake in a company that lets you buy and sell stocks and cryptocurrencies online.
Source: CNBC - 🏆 12. / 72 Read more »

Wells Fargo launches coverage of four cannabis stocksWells Fargo analyst Chris Carey initiated coverage of four cannabis stocks, with Scotts Miracle-Gro Co. drawing the most bullish comments, in a sign of Wall Street’s growing interest in the sector.
Source: MarketWatch - 🏆 3. / 97 Read more »

Cramer says stocks' recent rally shows need for investors to be patient, not fearful of omicron'It's a textbook example of why panic is not a strategy, unless you're deliberately trying to lose money,' CNBC's Jim Cramer said after stocks rallied Tuesday. Captain hindsight
Source: CNBC - 🏆 12. / 72 Read more »

Google’s 2021 Year in Search: AMC and GME stocks, Dogecoin, stimulus checks and shortages dominated queriesThese were the most Googled news stories and financial topics of 2021 --- and how MarketWatch covered them wow good such a great insight to what the world is thinking / interested in!
Source: MarketWatch - 🏆 3. / 97 Read more »

World stocks in third day of gains as Omicron fears easeA rebound in market sentiment continued in early European trading on Wednesday, with world shares set for their biggest two-day jump since November last year as investors became less concerned about the Omicron variant. Fears ease Don't you mean the Media tried to ramp up some fear porn but nobody's buying it. cryptocurrecy SHIB
Source: Reuters - 🏆 2. / 97 Read more »