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U.S. stocks post big gains at opening bell in wake of Tuesday’s skid

Tiger Newspress2021-12-01

U.S. stocks rose on Wednesday morning as companies that benefit from the economic reopening gained along with big energy and pharma.

The Dow Jones Industrial Average rose 303 points, while the Nasdaq Composite and S&P 500 each rose more than 1%.

Energy shares posted sharp gains, with Occidental Petroleum and Baker Hughes each rising more than 3% as West Texas Intermediate prices climbed about 4% to nearly $69 a barrel.

Retail and apparel stocks were strong in early trading, with Gap and Ralph Lauren adding more than 3% and PVH gaining nearly 4%. Cruise stocks Carnival and Norwegian also rose about 3%.

ADP's private payroll data for November showed 534,000 jobs added in November, above expectations of 506,000

On Wednesday, investors will be evaluating updates on the omicron variant, as well as some key economic reports. November's Manufacturing PMI, ISM Manufacturing print and October's construction spending are set to release on Wednesday morning.

免责声明:本文观点仅代表作者个人观点,不构成本平台的投资建议,本平台不对文章信息准确性、完整性和及时性做出任何保证,亦不对因使用或信赖文章信息引发的任何损失承担责任。

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评论

  • Chris68
    ·2021-12-02
    What happened today huh?
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    • Chris68
      😔
      2021-12-02
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  • bobsk
    ·2021-12-02
    This article is funny looking back on the massive dip on the day
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  • karuppasamy
    ·2021-12-02
     👌
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  • SiFu
    ·2021-12-02
    Ok
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  • Gladys8jk
    ·2021-12-02
    Ok
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  • ArcherWG
    ·2021-12-02
    👌🏻 
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  • whitesnake
    ·2021-12-02
    👍🏻
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    • ACECHUA
      Wow
      2021-12-02
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    • ArcherWG
      Down
      2021-12-02
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  • SPOT_ON
    ·2021-12-02
    Runnnn
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  • QSL
    ·2021-12-02
    Good
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  • Markie70
    ·2021-12-02
    Only at the beginning of the bell … skidded more than Tuesday Loh…
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    • QSL
      good
      2021-12-02
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  • Ignis
    ·2021-12-02
    Down liao
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  • YKPL
    ·2021-12-02
    Volatile. 
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  • Neelie78
    ·2021-12-01
    Good start to December 🥂
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  • ensemble
    ·2021-12-01
    Yoyo
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  • 2f32b04d
    ·2021-12-01
    Like and comment pls 
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    • Stefeee
      ok
      2021-12-02
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  • 100EMAS
    ·2021-12-01
    Everything is down.
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    • Ignis
      kol
      2021-12-02
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  • SYFU
    ·2021-12-01
    Ohhh
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  • Jeromelim
    ·2021-12-01
    expected 
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