Wall Street extended its recent run of gains Tuesday despite a late stumble that nearly wiped out the stock market’s gains for the day. The Standard & Poor’s 500 index, which was up 0.8% in the early going, ended with a gain of 0.2%. Banks and energy companies led the gains, outweighing the tech-firm losses that pulled down the Nasdaq composite. Small-company stocks did better than the broader market. The uptick followed strength in markets overseas as investors welcomed news that European leaders have agreed on a budget and coronavirus relief fund worth more than $2 trillion. The agreement comes as pressure intensifies on Congress and the White House to reach a deal on another economic...
Full ArticleBanks and energy firms lead stocks higher on Wall Street
WorldNews
0 shares
1 views
You might like
Related news coverage
'Pandemic and advertiser boycott create heightened uncertainty': Here's what 3 analysts expect from Facebook's quarterly earnings
Business Insider
· *Facebook will release second-quarter figures after markets close on Thursday, giving investors an update to how it's fared..
-
US tech firms smash expectations with blockbuster results
Proactive Investors
-
UPS, Apache rise; Yum China, Citigroup fall
SeattlePI.com
Advertisement
More coverage
Meet the 19 enterprise technology startups that raised money during the coronavirus crisis
Business Insider
· Venture capital deals are slowing because of the pandemic, but enterprise IT is expected to be more insulated from that trend..