Nasdaq Leads Wall Street Higher as Yields Retreat

By Reuters
Reuters
Reuters
April 20, 2022 Updated: April 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.

Reuters