The S&P technology sector closed up more than 3.2%, with component stocks First Solar, NVIDIA, and Super Micro Computer leading the way with gains of at least 7.9%

Wallstreetcn
2024.09.11 20:44

On Wednesday (September 11, the day when the US CPI inflation data was released), the S&P 500 index opened slightly lower and then declined. At 22:47 Beijing time, it hit a daily low of 5406.96 points, before smoothly rebounding. At 03:59, it hit a daily high of 5560.41 points, eventually closing near this level. It marked the third consecutive trading day of rebound and crossed above the 50-day moving average (currently reported at 5507.27 points).

The S&P 500 index's 11 sectors showed mixed performance, with the information technology/tech sector rising by 3.25%, the consumer discretionary sector up by 1.32%, the telecommunication sector up by 1.03%, and the financial sector down by 0.39%, ranking third from the bottom. The energy sector also declined by 0.93%, continuing the downward trend from yesterday