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US Stocks rise modestly on Wednesday


The US stocks market finished session near record highs after wobbling between small gains and losses on Wednesday, 02 June 2021, as investors cheered the latest evidence of a sustained rebound in global economics, with gains in shares of technology and energy companies helped to offset by losses in Communication, industrial, materials, retailers and other companies stocks that rely on consumer spending.
At the close of trade, the Dow Jones Industrial Average index advanced 25.07 points, or 0.07%, to 34,600. The S&P 500 index added 6.08 points, or 0.14%, at 4,208. The tech-heavy Nasdaq Composite Index rose 19.85 points, or 0.14%, to 13,756.
Total 6 out of 11 S&P 500 sectors closed up, with energy (up 1.74%) sectors being top gainer, followed by real estate (up 1.41%), information technology (up 0.62%), utilities (up 0.5%), and consumer staples (up 0.45%) sectors, while materials (down 0.94%) sector was worst performer, followed by consumer discretionary (down 0.4%), indust ....

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