US STOCKS-Wall Street inches higher in pivot back to growth stocks

us stocks wall street inches higher in pivot back to growth stocks

Sumary of US STOCKS-Wall Street inches higher in pivot back to growth stocks:

  • The Dow Jones Industrial Average rose 55.65 points, or 0.16%, to 34,853.65, the S&P 500 gained 8.84 points, or 0.20%, to 4,367.53 and the Nasdaq Composite added 56.12 points, or 0.38%, to 14,688.07.Of the 11 major sectors of the S&P 500, tech was shining brightest, gaining 0.7%.
  • Drugmaker Biogen Inc gained 1.2% after hiking its full-year revenue guidance, while Domino’s Pizza Inc surged 14.2% to an all-time high on the heels of its quarterly report.
  • Shares of Texas Instruments Inc slid 5.0% after its current-quarter revenue forecast cast concerns as to whether chipmaker will be able to meet spiking demand in the face of a global semiconductor shortage.

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