08.10.202513:44:04UTC+00S&P and Nasdaq Edge Up

On Wednesday, U.S. stock markets observed an uptick, with the S&P 500 climbing by 0.2% to continue its upward trajectory after a brief halt on the previous day. The Nasdaq saw an increase of 0.4%, whereas the Dow Jones oscillated between marginal gains and losses throughout the session. Investors appeared to minimize concerns regarding potential government shutdowns, opting instead to concentrate on corporate developments. Additionally, market participants anticipated insights from the Federal Open Market Committee (FOMC) minutes expected later, which may provide clearer guidance on interest rate projections. The technology sector notably outperformed others, while energy and real estate sectors lagged. In corporate news, Nvidia's shares increased by 1.5%, with AMD rising 0.8%, marking its third session of consecutive gains. Oracle's stock appreciated by 1.2%, recovering from losses incurred the previous day. Conversely, Tesla's shares fell by 1.6% following a 4.5% drop on Tuesday due to the U.S. launch of new Model 3 and Model Y versions priced under $40,000. IBM experienced a decline of 1.2%, taking a pause after sustaining a six-day winning streak.