Here's Where the Stock Market's Winners Are on Wednesday
Wednesday was generally an up day on Wall Street, with investors feeling relatively comfortable about how 2020 is likely to end for the stock market. Congress passed stimulus legislation to send $600 checks to hundreds of millions of Americans, and although threats from the White House to veto that legislation have made some people uncertain about what the future will bring, most seem to believe that the American public will get the help they need in the end. As of 11 a.m. EST, the Dow Jones Industrial Average (DJINDICES: ^DJI) was up 174 points to 30,189. The S&P 500 (SNPINDEX: ^GSPC) gained 16 points to 3,704, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) settled for a gain of just 6 points to 12,814.
Investors have paid a lot of attention to hot areas like technology and specialty niche industries like electric vehicles. But Wednesday morning, you could find many of the top performers for the day in the energy sector, which has suffered dramatically during 2020 but could be poised for a comeback.
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Source Fool.com