Wall Street Recovers with Support from Familiar Stocks
In a surprising turn of events, Wall Street shifted its focus back to some old favorites, enabling the major indexes to regain some ground and move back into positive territory.
The S&P 500 managed to climb by 0.2%, despite opening lower and witnessing a majority of its constituent stocks trading down. Meanwhile, the Nasdaq Composite experienced a slight uptick of 0.3%. The Dow Jones Industrial Average also noted a modest gain, up by 18 points.
Should the day close positively, all three major indexes stand poised to reach new closing highs, adding another milestone to an already remarkable trading year.
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