S&P 500 Flat as Materials Slip; AMC Rockets on Meme Mania By Investing.com
By Yasin Ebrahim Investing.com – The S&P 500 struggled for direction Wednesday, as energy continued to rack up gains, but a stumble in materials and consumer stocks kept gains in check ahead of the jobs numbers due later this week. The S&P 500 fell 0.03%, the Dow Jones Industrial Average was down 0.01%, or 3 points, and the Nasdaq Composite slipped 0.11%. Energy jumped nearly 2%, underpinned by rising oil prices as investors bet on increasing demand over the summer offsetting major oil producer plans to gradually lift production. Sentiment on oil prices has also...
Continue reading