WASHINGTON (dpa-AFX) - Stocks have moved sharply higher over the course of morning trading on Wednesday, adding to the gains posted in the previous session. With the upward move, the Nasdaq and
U.S. Stocks Close Mixed As Traders React To Georgia Runoffs, Riot At The Capitol
WASHINGTON (dpa-AFX) - The Dow moved sharply higher during trading on Wednesday and ended the session at a new record closing high, while the tech-heavy Nasdaq saw considerable volatility over the course of the trading day before closing firmly in the red.
While the Nasdaq slid 78.17 points or 0.6 percent to 12,740.79, the Dow jumped 437.80 points or 1.4 percent to 30,829.40 and the S&P 500 climbed 21.28 points or 0.6 percent to 3,748.14.
The mixed performance on Wall Street came as traders reacted to the results of the highly anticipated Georgia runoff elections on Tuesday.
U.S. Stocks Close Mixed Following Lackluster Session
WASHINGTON (dpa-AFX) - After ending the previous session sharply higher, stocks showed a lack of direction over the course of the trading session on Wednesday. Despite the choppy trading, the tech-heavy Nasdaq reached a new record closing high.
The major averages eventually ended the session mixed for the third time in four sessions. While the Dow dipped 44.77 points or 0.2 percent to 30,154.54, the Nasdaq climbed 63.13 points or 0.5 percent to 12,658.19 and the S&P 500 rose 6.55 points or 0.2 percent to 3,701.17.
The mixed close on Wall Street came after the Fed announced its widely expected decision to leave interest rates unchanged while also revealing plans to continue its asset purchase program until the economy shows substantial progressed towards the central bank s goals of maximum employment and price stability.
Major Averages Turning In Mixed Performance In Mid-Day Trading
WASHINGTON (dpa-AFX) - After showing a lack of direction early in the session, stocks continue to turn in a lackluster performance in mid-day trading on Wednesday. While the Nasdaq and the S&P 500 have moved modestly higher, the Dow has spent the day lingering near the unchanged line.
Currently, the major averages are turning in a mixed performance. The Dow is down 39.56 points or 0.1 percent at 30,159.75, while the Nasdaq is up 52.82 points or 0.4 percent at 12,647.88 and the S&P 500 is up 7.94 points or 0.2 percent at 3,702.56.
The choppy trading on Wall Street comes as traders weigh optimism about a new fiscal stimulus bill against disappointing retail sales data.