Wall Street posts solid gains, as defensives, tech shine

The Edge Markets LogoThe Edge Markets1 mo ago

Wall Street posts solid gains, as defensives, tech shine

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Advancing issues outnumbered declining ones on the NYSE by a 1.41-to-1 ratio; on Nasdaq, a 1.67-to-1 ratio favored advancers.

Defensive groups considered safer bets in rocky economic times were the top-performing S&P 500 sectors.

Declines in Exxon Mobil and Chevron were the biggest individual drags on the S&P 500, with Exxon dropping 3% and Chevron falling 3.7%.

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Article Details

Category: InvestingFinance

Topics: Points Nasdaq Posted Rose Lows Recession Stocks Fell Tech Market

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-23, 22:39:53

News Timezone: GMT +8:00

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Language: English

Reading Time: 3 minutes read

Article Length: 518 words

Coverage Area: Malaysia

Availability: Desktop Web, Mobile Web

News ID: 6532

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About The Edge Markets

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News Last Updated: 8h ago

Coverage Areas: Malaysia

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