Stocks Ended Higher as Tech Stocks Rebounded
- Wednesday, November 11, 2020, 16:32
- Stock Market
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U.S. stocks ended mostly higher on Wednesday, with the Nasdaq in the lead, as tech stocks rebounded. The Dow Jones Industrial Average lost 23.29 points, or 0.08%, to 29,397.63. The S&P 500 gained 27.13 points or 0.77%, to 3,572.66. The Nasdaq Composite surged 232.58 points, or 2.01%, to 11,786.43.
Oil futures tallied a modest gain on Wednesday, buoyed by optimism over prospects for a COVID-19 vaccine and industry data that show a large drop in U.S. crude inventories. West Texas Intermediate crude for December delivery rose 9 cents, or 0.2%, to settle at $41.45 a barrel. January Brent crude advanced 19 cents, or 0.4%, to $43.80 a barrel.
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