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Neelie78
2021-12-08

U turn [Smile]

Stocks jump at the open of trading Tuesday

Stocks jumped on Tuesday morning after a rebound from a rollercoaster week as investors grew less fe

Stocks jump at the open of trading Tuesday

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The S&P 500 added 1.2% and the Nasdaq Composite gained 1.9%.\n\nChipmaker stocks were the early winners, with Intel leaping 6% and NVIDIA up 2%, following news that Intel is planning to take its self-driving car unit, Mobileye,public in mid-2022.\nCasino stocks also were hot, as Las Vegas Sands rose 2%, while cruise lines also gained on the enthusiasm that omicron may pose less of a threat than feared. Norwegian Cruise Line Holdings jumped about 4%.\nApple shares rose 2% following a call from Morgan Stanley, which maintained its outperform rating on the stock but heightened its price target on it to $200, citing the company's commitment to developing augmented and virtual reality technology.\nElsewhere Tesla shares more than 3% despite news that the company had to replace cameras in three of its models. 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