S&P 500, Dow up on earnings lift, Nasdaq off session low

Published by
Reuters

By Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) – Wall Street’s main indexes rose on Wednesday after upbeat results from a host of companies partially offset a shaky start to the fourth-quarter reporting season, with the Nasdaq bouncing from its session low. The tech-heavy Nasdaq briefly shed more than 10% from its record closing high on Nov. 19, also staying below its 200-day moving average on an intraday basis, a key technical support level. A correction is confirmed when an index closes 10% or more lower than its record closing level. Apple Inc and Cisco weighed the most on the S&P 5…

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