CORRECTED – US STOCK-Nasdaq, S&P 500 gains on tech stocks, hopes for more stimulus

CORRECTED - US STOCK-Nasdaq, S&P 500 gains on tech stocks, hopes for more stimulus

News Highlights: CORRECTED – US STOCK-Nasdaq, S&P 500 gains on tech stocks, hopes for more stimulus

(Correct to say that technology was the leading industry to win in Section 2, but deleted that it was the only industry to make a profit)

* Nvidia leads small rally in technology stocks

* Cannabis shares reverse premarket profits

* Weekly unemployment claims expire

By Herbert Lash

NEW YORK, Feb. 11 (Reuters) – The Nasdaq and S&P 500 made inordinate gains Thursday with investors betting on more tax incentives, but US President Joe Biden said China was ready to “eat our lunch,” a warning that tempered enthusiasm for a nearby market. record heights.

Nvidia Corp rose 3.2% and Intel Corp 3.1%, making technology the leading industry to profit from the S&P 500 and Nasdaq. On the NASDAQ and the New York Stock Exchange, declining stocks were in the minority.

Biden told a group of US senators in a meeting to discuss the need to upgrade the US infrastructure that the United States should up their game in the face of China’s challenge.

The warning about China and Democrats’ plans to raise the minimum wage to $ 15 in a $ 1.9 trillion stimulus package showed that investor headwinds could increase, said Ed Moya, senior market analyst at OANDA in New York. .

“Markets are starting to get a little nervous about the relationships between the …

Read more from Source
Copyright @ finance.yahoo.com

Read more: Check the latest technology news updates and information. Share this news with your friends and family to support us.

Disclaimer: If you need to edit or update this news from compsmag then kindly contact us Learn more

For Latest News Follow us on Google News


Latest Headlines
  • Show all
  • Trending News
  • Popular By week
This investment can make you a retired millionaire |  personal finances

This investment can make you a retired millionaire | personal finances

If you’re like most Americans, you’re a few years (or more) behind on your retirement savings. But a handful of little-known “Social Security secrets” ...
Mayor Keller and director of environmental health Ryan Mast issue a statement on the approval of bill 8 of the Senate – Albuquerque City

Mayor Keller and director of environmental health Ryan Mast issue a statement on the approval of bill 8 of the Senate – Albuquerque City

Source “For many years now, our authority has had many imposed limitations that largely restrict local rulemaking to only meet, but not surpass, federal ...
Proposal would finance free mental health services for children in Colorado

Proposal would finance free mental health services for children in Colorado

Lawmakers will hold a hearing on the bill next Tuesday. “Legislation like this is not necessarily going to be the radical transformation needed for structural ...
Marine / health sciences are here to stay

Marine / health sciences are here to stay

“Not playing for those 16 months, we just came out and fought hard. A lot of our guys worked out over the offseason. It’s a great feeling going 2-0 to start ...
City announces new San Antonio health director

City announces new San Antonio health director

“As we have seen over the past year, public health plays a critical role in the day to day lives of every person. San Antonio has a wealth of public health ...
Should you invest in ARK ETFs now?  |  personal finances

Should you invest in ARK ETFs now? | personal finances

Source fredericksburg.com One of the biggest risks of investing in ARK ETFs is that they don’t have a long track record. The firm itself was founded in ...
These investment mistakes will cost you money

FedEx Reassessing Non-Phone Politics after mass filming

—Courtney Crown (@CrownJournalist) April 16, 2021 Family members gathering there told the IndyStar reporter Sarah Nelson that employees were not allowed to ...
The bill backed by Senator Kevin Cramer would require banks to do business with all types of industries – regardless of how banks feel about it.

The bill backed by Senator Kevin Cramer would require banks to do business with all types of industries – regardless of how banks feel about it.

“North Dakotans support the Constitution, and local gun shops already have an increasingly difficult time keeping their shelves stocked,” Cramer said, arguing ...
Penn State Law to host ‘Perspectives on Minority  News Development’ event

Penn State Law to host ‘Perspectives on Minority News Development’ event

Source news.psu.edu This event is connected to Thompson’s current course, “Minority News Development: The Lawyer’s Role in Helping Close the Minority-White ...
OFL gravely concerned that new COVID-19 restrictions fall short on protections for workers

OFL gravely concerned that new COVID-19 restrictions fall short on protections for workers

News HighlightsTORONTO, April 16, 2021 (News) — The Ontario Federation of Labour (OFL) is gravely concerned that new COVID-19 restrictions do not include ...
Show next
Compsmag - Latest News from tech, business and health
Logo