S&P 500 – Page 12 – One America News Network

Wall St rises as Big Tech charges higher

Alphabet jumped 10.8% to a record high after the Google-parent announced its first-ever dividend.

Some megacap growth stocks edged higher in early trading, with Meta Platforms, Amazon.com and Apple up between 0.6% and 1.5%.

Wall Street’s main indexes rose on Wednesday, boosted by megacap growth stocks and as corporate results rolled in.

A Labor Department report showed the PPI for final demand rose 0.2% in March, against forecasts of a 0.3% increase.

U.S. stocks recorded weekly losses on Friday as traders scaled back expectations on the timing of rate cuts.

Wall Street’s main stock indexes ticked higher, with the blue-chip Dow leading gains in thin trading ahead of crucial economic data.