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Stocks rebound on Wall Street, S&P 500 trades above record - Black News Channel

  • Aug 12, 2020
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By Stan Choe and Alex Veiga AP Business Writers Stocks marched broadly higher on Wall Street Wednesday, briefly nudging the S&P 500 above its all-time closing high set in February, before the coronavirus pandemic led to a historic market plunge. The benchmark index notched a 1.4% gain, its eighth in nine days. It ended within 0.2% of its record high from Feb. 19, when the coronavirus seemed like only a far-away worry for Wall Street. Big technology stocks led the way higher once again. Health care and communication services stocks also had a strong showing. The rally followed gains for […]

The post Stocks rebound on Wall Street, S&P 500 trades above record appeared first on Black News Channel.

Source: Black News Channel - Black News Channel
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