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MarketWatchAug 12, 2020
Market Snapshot: Dow closes up nearly 300 points and S&P 500 ends a stone's throw from record close as tech reaffirms dominance
Stocks finish higher Wednesday as appetite for technology shares, which had taken a pause from their rally in recent days, resumed amid some signs of a slowdown in the spread of the coronavirus pandemic and stronger-than-expected economic data.

MarketWatch MarketPulseAug 12, 2020
S&P 500 narrowly misses record close by 6 points as stock market bounces back from Tuesday's slump
U.S. stock benchmark finished sharply higher Wednesday, a day after the Dow Jones Industrial Average and the S&P 500 halted a win streak at seven sessions, as investors eyed the trajectory of the coronavirus pandemic and stronger-than-expected economic data. Wednesday's action was marked by a return to the trades that have worked throughout the pandemic, large-capitalization tech stocks and stay-at-home companies, which have lead the rally back from the coronavirus lows in March. The S&P 500 index closed about 6 points shy from a record close, ending at around 3,380, based on preliminary levels. That narrowly misses the Feb. 19 closing high at 3,386.15. The Dow Jones Industrial Average finished up 1.1% at 27,977, also on a preliminary basis. Meanwhile, the technology-laden Nasdaq Composite Index resumed its dominance, which had seemed to fade in recent days, finishing up 2.1% at 11,012. Recently, investors had appeared to shift away from tech names and into beaten-down sectors like financial and energy but that action subsided on Wednesday.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



Google Business NewsAug 12, 2020
Dow Jones Spikes 300 Points On Moderna Coronavirus Vaccine News; Tesla Surges 8% On Stock Split - Investor's Business Daily
Dow Jones Spikes 300 Points On Moderna Coronavirus Vaccine News; Tesla Surges 8% On Stock Split  Investor's Business DailyHere's what happened to the stock market on Tuesday  CNBCS&P 500 in Ugly Reversal as Tech Wreck Dashes Path to Record High  Investing.comS&P 500 set to rise at open with eyes on stimulus  CNAWall Street Hits the Brakes  NewserView Full Cover

Google Business NewsAug 12, 2020
Stock futures inch higher after S&P 500 closes just under a record - CNBC
Stock futures inch higher after S&P 500 closes just under a record  CNBCS&P flirts with record as tech stocks drive coronavirus recovery  Fox BusinessS&P 500, Dow snap seven-day winning streak as concern mounts over stimulus deal  ReutersThree Reasons Why The Stock Market Will Break Its All-Time High  ForbesDow Jones Now Up with U.S. Closer to COVID Vaccine  Money Morning
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