Nasdaq Leads Wall Street Higher as Yields Retreat

Nasdaq Leads Wall Street Higher as Yields Retreat
A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, on April 11, 2022. (Andrew Kelly/Reuters)
Reuters
4/20/2022
Updated:
4/20/2022

The tech-heavy Nasdaq led Wall Street’s main indexes higher for a second straight session on Wednesday, as easing Treasury yields and overall earnings optimism helped counter a plunge in the shares of streaming giant Netflix.

The Dow Jones Industrial Average rose 51.5 points, or 0.15 percent, at the open to 34,962.67.

The S&P 500 rose 10.1 points, or 0.23 percent, at the open to 4,472.26​, while the Nasdaq Composite rose 45.7 points, or 0.34 percent, to 13,665.37 at the opening bell.