Nasdaq surges as investors return to tech


A return to technology-focused market leaders, which thrived during COVID shutdowns but sold off earlier in the week as investors pivoted to economically-sensitive cyclical stocks, put the Nasdaq out front.

NEW YORK: Tech pushed the Nasdaq to close sharply higher and oil prices extended their rally on Wednesday, as hopes of potential COVID-19 were tempered by spiking coronavirus infections and the looming threat of a new round of lockdowns.

While the S&P 500 also advanced, the blue-chip Dow ended the session slightly in the red.

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Nasdaq , coronavirus , Technology ,

   

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