U.S. stocks wavered between gains and losses in early afternoon trade Wednesday as investors digested disappointing results from tech behemoths Microsoft and Alphabet, while assessing the Federal Reserve’s path after the Bank of Canada delivered a smaller-than-expected rate hike. The S&P 500 (SPX) was down 9 points, or 0.2%, at 3,850. The Nasdaq Composite declined 157 points, or 1.4%. Read More...
U.S. stocks wavered between gains and losses in early afternoon trade Wednesday as investors digested disappointing results from tech behemoths Microsoft and Alphabet, while assessing the Federal Reserve’s path after the Bank of Canada delivered a smaller-than-expected rate hike. The S&P 500 (SPX) was down 9 points, or 0.2%, at 3,850. The Nasdaq Composite declined 157 points, or 1.4%.
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