Tuesday, November 15, 2022

Nasdaq gains 1.5%, leads broad stock rally

  • Nasdaq gains 1.5%, leads broad stock rally

    The tech-heavy Nasdaq Composite led the broader gains for the U.S. averages on Wednesday as investors engaged in steady buying. Consumer discretionary names, led by Walmart's 6% jump, also helped sentiment after the retailer boosted its outlook in part due to strong food and online sales. In commodities, oil rose 1.2% to $86.92 per barrel.

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