fbpx What to watch today: U.S. stocks set to rise, even tech stocks - Hey SoCal. Change is our intention.
The Votes Are In!
2023 Readers' Choice is back, bigger and better than ever!
View Winners →
Vote for your favorite business!
2023 Readers' Choice is back, bigger and better than ever!
Start voting →
Subscribeto our newsletter to stay informed
  • Enter your phone number to be notified if you win
  • This field is for validation purposes and should be left unchanged.

Home / News / Tech / What to watch today: U.S. stocks set to rise, even tech stocks

What to watch today: U.S. stocks set to rise, even tech stocks

What to watch today: U.S. stocks set to rise, even tech stocks
by cnbc.com
share with

BY THE NUMBERS Dow and Nasdaq futures pointed to gains at Wednesday’s open, and tech stocks bounced after two rough days. The Nasdaq closed in the red again Tuesday, down nearly 3% this week, in a rotation out of stay-at-home stocks after Pfizer ’s positive Covid-19 vaccine data Monday raised hopes that life may soon be able to return to some semblance of normal.

The U.S. bond market is closed Wednesday for Veterans Day . (CNBC) The Dow Jones Industrial Average has been a beneficiary of renewed interest in value stocks in the past two sessions, with a 262 point gain Tuesday and an 834 point rise Monday, equal to an almost 4% advance this week on top of last week’s rally. As of Tuesday’s close, the Dow was only 131 points from its February record high close. (CNBC) * Goldman sees S&P 500 rallying to 4,300 by end of 2021 on vaccine, divided government (CNBC Pro) * OPEC cuts 2020 oil demand forecast again on rising Covid cases (CNBC) Another record low rate on 30-year fixed mortgages last week did not help bring out home buyers. Mortgage application volume fell 0.5% compared with the previous week. Loan amounts […]

Click here to view original web page at www.cnbc.com

More from Tech

Skip to content