How major US stock indexes fared Wednesday
The Associated Press | Hagadone News Network | UPDATED 4 years, 6 months AGO
Stocks rose on Wall Street Wednesday on expectations that Washington will deliver more stimulus for the economy, though some of the gains faded by late afternoon as political unrest gripped the nation's capital.
Investors piled into stocks of smaller companies, banks and other businesses that would be winners if the Democratic party, which secured control of the Senate following two runoff races in Georgia, pushes through more aid for the pandemic-ravaged economy. The yield on the 10-year Treasury topped 1% for the first time since March.
On Wednesday:
The S&P 500 rose 21.28 points, or 0.6%, to 3,748.14.
The Dow gained 437.80 points, or 1.4%, to 30,829.40.
The Nasdaq composite fell 78.17 points, or 0.6%, to 12,740.79.
The Russell 2000 index of smaller companies climbed 78.81 points, or 4%, to 2,057.92.
For the week:
The S&P 500 is down 7.93 points, or 0.2%.
The Dow is up 222.92 points, or 0.7%.
The Nasdaq is down 147.49 points, or 1.1%.
The Russell 2000 is up 83.07 points, or 4.2%.
MORE IMPORTED STORIES
ARTICLES BY THE ASSOCIATED PRESS
The Latest: US helped family escape Afghanistan overland
WASHINGTON — The United States is confirming for the first time that it has helped a U.S. citizen and family members to escape Afghanistan through an overland route to a neighboring country.
The Latest: US helped family escape Afghanistan overland
WASHINGTON — The United States is confirming for the first time that it has helped a U.S. citizen and family members to escape Afghanistan through an overland route to a neighboring country.
The Latest: Top Republican says Taliban holding Americans
WASHINGTON — The top Republican on the House Foreign Affairs Committee says some Americans who have been trying to get out of Afghanistan since the U.S. military left are sitting in airplanes at an airport ready to leave but the Taliban are not letting them take off.