investing.com 23 Dec, 2020 19:30 am

Nasdaq lags S&P, Dow as big tech weighs By Reuters

Nasdaq lags S&P, Dow as big tech weighs

The S&P index recorded 31 new 52-week highs and no new lows, while the Nasdaq recorded 241 new highs and one new low.FILE PHOTO: Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in New York By Devik Jain and Ambar Warrick (Reuters) -The S&P 500 and the Dow rose on Wednesday, while the Nasdaq lagged as investors shifted out of technology and into cheaper sectors that are poised to benefit from an eventual economic recovery."Either we'll get exactly what was passed, which is very positive for the economy, or we'll get something even bigger and the market likes it either way," said Thomas Hayes, managing member at Great Hill Capital Llc in New York.Ten of the 11 major S&P sectors were higher, with energy stocks rising the most as investors clung to hopes of a sooner-than expected economic recovery on the back of easy monetary policy, high liquidity and a COVID-19 vaccine program.

While the data painted a grim picture of the economy, major Wall Street indexes were still set to mark large annual gains on the back of unprecedented fiscal and monetary responses to the pandemic.3% after a deal to supply the United States with 100 million additional doses of its COVID-19 vaccine by July.

Japanese Artist Colors Anime-Inspired Paper Cutouts With Real-World Environments

Anne-Marie's embarrassing music taste

Browning scorches wind-assisted 9.96, Wanjiru and Muneria win in Ruiru

David Duguid under fire for throwing Scottish fishing 'under a Brexit bus' to BBC

Martin Luther King Jr., union man

Prince William says witnessing 'so much death' as an air ambulance pilot made him see the world as a 'darker place'

Travel, Tourism & Hospitality Expo 2020 to host sustainability pavilion prior to mega opening

Sheep prices: Highs of €155-159/head recorded as trade notches up a gear again

Museveni extends 35-year rule with disputed election win

70 percent of the LPDF roadmap has been accomplished, significant progress made by Advisory Committee: UNSMIL

Starbucks Is Launching 3 New Bottled Frappuccinos

Assam Rifles recovers 101.3 grams of Heroin

'Armed protests' warning puts officials on alert

OBITUARY: Todd Eric Johnston, 1962-2020

They call him “The Upper Hand” as Hampton soldier helps in Army outreach to youth

Uganda’s President Museveni wins election to serve sixth term in office

Retort Wrap Market Analysis, Status and Business Outlook 2021 to 2025

Businesses across Portland raising alarm about surge in vandalism, burglaries

Army officer from Sullivan supports Joint Task Force-National Capital Region

A1 SUNDAY MLK events

Science will be at `forefront' of his administrationfacebooktwitterinstagramrss

Nasdaq lags S&P, Dow as big tech weighs By Reuters

Asia shares retreat from record, but U.S. stimulus hopes buoy market mood By Reuters

Oil slips in breather after run to 9-month high as COVID-19 surge stokes demand fears By Reuters

Oil Down, Rise in COVID-19 Cases Leads to Fuel Demand Worries By Investing.com

Dollar friendless as bears pile in, poised for worst week in a month By Reuters

Microsoft says it found malicious software in its systems By Reuters

U.S. FDA advisory panel sets stage for Moderna vaccine authorization By Reuters

Sony pulls Cyberpunk 2077 from PlayStation Store in blow to CD Projekt By Reuters

Is Tesla A Buy Or A Sell In 2021?

Exclusive: Indonesia e-commerce giant Tokopedia aims for $1 billion dual U.S., domestic IPO

2 FTSE Grocery Shares As Consumers Stock Up For The Holiday Season

Insurers, drugmakers sail into unknown with COVID vaccine rollout By Reuters

European Stock Futures Lower; Brexit Talks Hit Difficulties By Investing.com

Initial Unemployment Claims Paint A Grim Picture

Dollar Edges Higher, but Trend Still Points Lower By Investing.com

U.S. blacklists dozens of Chinese firms including SMIC By Reuters

China, EU aim for investment pact by year-end, Germany says By Reuters

just hours left for a Brexit trade deal By Reuters

Stimulus Saga, Copper Roars, CyberPunk Fiasco

Over 1.1 million ballots cast in early voting for Georgia U.S. Senate runoffs By Reuters

U.S. Futures Largely Flat; Market on Stimulus Watch By Investing.com

Metals, Miners Shifting Gears: Are You Ready For What's Next – Part 2

Oil up 7th Week, Longest Winning Streak Since April 2019 By Investing.com

Dow Falls on Stimulus Snag as Lawmakers Clash Over Fed's Emergency Powers By Investing.com

Ban on food aid restrictions blocked at WTO By Reuters

Exclusive-Brexit clouds airline ownership as Spanish-led fix rebuffed By Reuters

Tesla shares rise in busy trade ahead of S&P 500 debut By Reuters

2 ETFs For Investing In Industrial Metals As Economies Recover

Google trial judge suggests potential trial date, and it is in 2023 By Reuters

Chart Of The Day: Silver Lining For Precious Metals

Wall Street Opens Mixed Ahead of 'Quadruple Witching'; Dow Flat By Investing.com

Denmark stocks higher at close of trade; OMX Copenhagen 20 up 1.63% By Investing.com

Microsoft working on in-house chips for its servers, PCs By Reuters

U.S. Federal Reserve (Fed) Bank Stress Test Results

Dow Falls as Lawmakers Struggle to Find Breakthrough on Stimulus By Investing.com

Boeing 'inappropriately coached' pilots in 737 MAX testing -U.S. Senate report By Reuters

Trump signs bill that could kick Chinese firms off U.S. stock exchanges By Reuters

Fed sees 'strong capital levels' at banks after stress tests, greenlights share buybacks By Reuters

Vaccine, Stimulus Optimism Boost Wall Street To New Highs As 2020 Wraps Up

Copper/Gold Ratio vs 10-Year Yields: Time To Play Catch Up?

UK government pushes for lifting of U.S. travel restrictions -sources By Reuters

Wall Street falls as stimulus rally cools, Tesla hits record high By Reuters

Texas doctors in rural hotspots left out in cold on vaccine By Reuters

Hackers' broad attack sets cyber experts worldwide scrambling to defend networks By Reuters

California hospitals overrun even as vaccine is rolled out By Reuters

U.S. Dollar Bounces As Market Waits For Stimulus Deal

FDA investigating five allergic reactions after Pfizer shot in U.S By Reuters

Investors bet old-school retailers will rebound in 2021 By Reuters

Congress works through the weekend to finalize COVID aid package By Reuters

China signals GM, biotech push in key policy statement By Reuters

Biden to introduce team tasked with ambitious climate agenda on Saturday By Reuters

espionage or act of war? By Reuters

China issues new rules to review foreign investment on national security grounds By Reuters

China issues national security rules on foreign investment By Reuters

Apple puts supplier Wistron on notice after Indian factory violence By Reuters

Christmas comfort over COVID vaccines collides with new curbs By Reuters

Moderna, McKesson and U.S. Army general ready to roll out new COVID-19 vaccine By Reuters

Where There's a Kardashian, There's Gonna Be Luxury By Investing.com

Stimulus Hopes, Vaccine Optimism To Drive Sentiment In The Week Ahead By Investing.com