Stocks rose in morning trading on Wall Street Wednesday, Jan. 19, and chipped away at some of their losses from a tumble a day earlier. On Wall Street, the benchmark S&P 500 index fell 1% on Wednesday as investors tried to figure out how fast the Federal Reserve will roll back economic stimulus to cool inflation. The Shanghai Composite Index rose 0.1% to 3,563.11 and the Hang Seng in Hong Kong advanced 1.8% to 24,570.06. On Wall Street, the S&P 500 fell to 4,532.76 after a sell-off in tech stocks. $2 for 2 months Subscribe for unlimited access to our website, app, eEdition and more CLAIM OFFERThe Nasdaq composite, dominated by technology stocks, lost 1.1% to 14,340.26.
Source: Forbes January 21, 2022 13:24 UTC