Stocks open higher on Wall Street a day after a large sell-off
NEW YORK (AP) — Stocks open higher on Wall Street on Wednesday as investors are tempted by lower prices a day after the S&P 500 hit its lowest level in more than a year. The benchmark rose 1.5% at the start, a day after falling 3.2%. Big tech stocks, which have been swinging sharply up and down recently, were back in the green. This helped push the Nasdaq composite up 2%. Apple and Microsoft each increased. High-end exercise bike maker Peloton fell 17% after reporting results that were much worse than analysts expected. The 10-year Treasury yield fell to 2.97%
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