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...
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