Here's Where You'll Find the Nasdaq's Best Stocks Wednesday
Investors have had to deal with a lot of uncertainty lately, and Wall Street has had trouble generating much confidence. However, things seemed to look up on Wednesday, as market participants had higher hopes for the possibility of a peaceful resolution to the Russia-Ukraine war and looked forward to some clarity from the Federal Reserve on interest rates. Futures contracts on the Nasdaq Composite (NASDAQINDEX: ^IXIC) had jumped almost 2% as of 8:15 a.m. ET.
The biggest contributors to the Nasdaq's performance on Wednesday morning came from stocks of companies located in China. Many top Chinese businesses have seen their share prices slashed amid concerns about possible delisting or sanctions against the world's most populous nation, but investors got a sign of confidence from the Chinese government that quelled at least some of their concerns.
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Source Fool.com
