Shares of Clover Health Investments Corp jumped 18% and were on course to hit an all-time high on Wednesday, with individual traders on online discussion…
S&P 500 trades near records as tech stocks score a fillip from 10-year’s skid below 1.5% MarketWatch 1 hr ago
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Video: Why the market is reacting to inflation data (CNBC)
Why the market is reacting to inflation data
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U.S. stock benchmarks were advancing modestly early Wednesday, but enough to see all three benchmarks trade at or near record-closing territory, ahead of an eagerly awaited inflation report due Thursday.
A decline of the benchmark 10-year Treasury yield, to around its lowest level in three months, as investors appeared to dismiss inflation concerns, also was buoying yield-sensitive assets like technology stocks.