US stocks open slightly higher even as Big Tech lags behind
NEW YORK (AP) — Stocks are opening slightly higher on Wall Street as investors anticipate that a coronavirus relief bill will still become law despite threats from President Donald Trump, who is demanding changes that Republicans in Congress have opposed. Trump wants much bigger payouts to American families. The S&P 500 index climbed 0.4% early Wednesday, but the benchmark index is still down slightly for the week. Weakness in some Big Tech companies left the tech-heavy Nasdaq slightly lower. Crude oil prices rose, European markets were higher and Asian markets closed higher. Treasury yields rose. Trading has been subdued in this holiday-shortened week.
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