Highlights
Stocks advanced Wednesday with megacaps and technology shares leading for a second straight day though the broad market was mixed. The Dow Jones industrial average rose 0.6 percent, the broader S&P 500 gained 0.8 percent and the Nasdaq was up 1.3 percent. US Treasury yields rose while oil prices and the dollar declined.
Buying in Nvidia ahead of its earnings after the close helped big tech outperform. Software and financial shares that have been selling off lately on AI fears saw bargain-hunting Wednesday. Microsoft was another noted winner. On the downside, homebuilders lagged after poor guidance from Lowes.
Recommended for you
optional tags
topic/economic-research, topic/product-research