Stocks open higer as Big Tech companies recover from losses
NEW YORK (AP) — Stocks are opening broadly higher on Wall Street as technology companies turned higher after several days of weakness. The S&P 500 rose 0.6% in the early going on Wednesday, adding to its significant gain for the month. The Nasdaq climbed 0.8%. Big Tech companies had taken some rare losses this week as hopes built that progress was being made toward developing a coronavirus vaccine, which could eventually get more people back to work, travelling and going to school. Big Tech has been thriving during the stay-at-home economy as yet more of life moves online. Bond trading was closed for a holiday.
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