Nasdaq flips higher, joining Dow and S&P 500 in the green
Wednesday’s afternoon trading session proceeded with all three major U.S. stock indexes shaking off earlier bouts of weakness and trading higher.
The Nasdaq Composite was up 25 points, or 0.1%, at around 19,306, joining the Dow Jones Industrial Average and the S&P 500 in the green.
Investors have been trying to extrapolate what an as-expected consumer-price index inflation report for October may mean for the prospects of a December interest-rate cut by the Federal Reserve, as well as future price pressures related to President-elect Donald Trump’s expected policies.