Stocks attempt bounce after Nasdaq-led tumble

stocks-attempt-bounce-after-nasdaq-led-tumble

Stocks opened higher Wednesday, attempting a bounce a day after a 4% slide for the Nasdaq Composite saw the tech-heavy index post its lowest finish since December 2020. The Dow DJIA, +0.82% rose 130 points, or 0.4%, while the S&P 500 SPX, +1.09% gained 0.5% and the Nasdaq COMP, +1.40% advanced 0.8%. Investors were parsing results for tech heavyweights after results from Google parent Alphabet Inc. GOOGL, -3.03% and Microsoft Corp. MSFT, +5.90%. Alphabet shares sank more than 3% in the early going, while Microsoft rose nearly 5%.

Source: Marketwatch

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