Several Big Tech stocks and healthcare companies helped lift the benchmark S&P 500. Banks stocks, which would benefit from higher rates, were the biggest drag on the overall market.
Parking in Los Angeles is about luck and skill. So save time and money by learning these hacks with yellow curbs, green curbs, holiday rules, valet and more.Technology stocks, which benefit from low interest rates, did much of the heavy lifting for the broader market. Apple rose 3%, while Amazon and Facebook each rose more than 2%.
Healthcare companies also had solid gains and helped lift the benchmark S&P 500. Bank stocks, which would benefit from higher rates, were the biggest drag on the overall market. Wells Fargo lost 2.8%.Energy prices were mixed as the the. The storm probably will take a toll on the energy, chemical and shipping industries, which have major hubs along the Gulf Coast, but the effect on the overall U.S.
Crude oil prices rose 0.6%, while natural gas prices slumped 1.5% as Colonial Pipeline shut down deliveries in the South until it can assess damage from the storm. Deal news helped lift several stocks. Affirm soared 46.7% after the payment company announced a deal last week with Amazon to offer shoppers a buy-now, pay-later option that doesn’t involve credit cards. Hill-Rom Holdings jumped 9.7% after reports that Baxter International is interested in buying the medical technology company.
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