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The Nasdaq was set to slump at the open on Monday as the passage of a $1.9 trillion COVID-19 relief package by the U.S. Senate lifted bond yields, pressuring…
Technology-related shares sold off on Monday in a big downturn that pushed the Nasdaq into a correction and offset stocks that rose on hopes the $1.9 trillion COVID-19 relief bill will spur the U.S. economic recovery.
Stocks that traded heavily or had substantial price changes Monday: McAfee, GameStop rise; AnaptysBio, Soleno fall
RKT, GameStop, AMC Short Squeezes. What Other Stocks Are the Reddit WallStreetBets Traders Targeting? Shares of Rocket Companies ($RKT) more than doubled on
Markets end higher | Calamatta Cuschieri Markets summary by Calamatta Cuschieri Shares on Wall Street ended higher on Wednesday, as a selloff in technology-related stocks eased and a rotation into cyclical shares continued after Federal Reserve Chair Jerome Powell’s comments calmed inflation worries. The Dow Jones Industrial Average closed up 424.51 points, or 1.35%, to 31,961.86, the S&P 500 gained 44.06 points, or 1.14%, to 3,925.43 and the Nasdaq Composite added 132.77 points, or 0.99%, to 13,597.97. European shares rose on Wednesday as sectors primed to benefit from economic recovery w...