Home / World News / Industrials, tech stocks lift Wall Street at the end of choppy month

Industrials, tech stocks lift Wall Street at the end of choppy month

Ten of the 11 major S&P indexes were trading higher, with energy also among the biggest gainers in early trading.

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Despite the expected weakness in September, the S&P 500 was on course for its best two-quarter winning streak since 2009 and the Nasdaq since 2000

Reuters

3 min read Last Updated : Sep 30 2020 | 9:07 PM IST

Wall Street's main indexes rose on Wednesday, led by industrials and technology-related stocks, although investors remained cautious after a heated presidential debate pointed to a tough election race ahead.

Ten of the 11 major S&P indexes were trading higher, with energy also among the biggest gainers in early trading.

Financials and energy stocks have both been hammered this month as investors oscillated between growth-linked and value-linked sectors.

The S&P 500 was headed for its first monthly decline since the coronavirus-driven crash in March, with trading becoming more volatile in the past few weeks on increasing doubts about whether President Donald

Topics : Coronavirus Wall Street US stock market Tech stocks

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