Stocks shake off a wobbly start, end higher on Wall Street

Stocks shake off a wobbly start, end higher on Wall Street

4 years ago
Anonymous $drS9DEX_Sj

https://apnews.com/f61568a9aa7085a0f41a807f2016744a

Stocks shook off a wobbly start and ended higher Tuesday as traders weighed another big set of company earnings reports. Investors were also closely monitoring the latest developments with COVID-19 and its potential impact on a still-recovering economy amid the spread of the more contagious delta variant. The S&P 500 rose 0.8%. Health care and technology stocks led gains. Activision Blizzard fell 3.5% after the head of Blizzard Entertainment said he would resign after the company was hit with a sexual harassment lawsuit. Clorox slumped 9.5% after the company’s results missed analysts’ forecasts. The yield on 10-year Treasury note inched up to 1.18%.

THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.