S&P 500 rises, Dow Jones breaches records but NASDAQ falls as Wall Street ends day on a high: Leifras jumps nearly 600%, Seven Hills Realty Trust Right falls 58%; check top losers and gainers
Well, well, well—the Dow and S&P 500 decided to throw a party while the Nasdaq was apparently nursing a hangover. Nothing says "balanced market" like watching the blue-chip crowd celebrate record highs while tech stocks stumble and individual securities perform like they're auditioning for a roller coaster. Welcome to Wednesday's Wall Street circus, where optimism about ending the government shutdown apparently works better than any earnings report.[1]
On Wednesday, US equities delivered a mixed yet ultimately positive session, with the Dow Jones climbing 0.68% to fresh record highs and the S&P 500 edging up 0.06%, though the Nasdaq Composite slipped 0.26%.[1] Sentiment was buoyed by optimism surrounding a potential resolution to the federal government shutdown that began on October 1st, with House members returning to vote on a funding deal.[1] The day featured standout performers in specific sectors—AMD surged over 8% on strong sales growth forecasts, lifting the tech sector despite Nasdaq's overall decline, while financials posted solid gains with JPMorgan (+1.5%) and Morgan Stanley (+1.9%) leading the charge.[1] Meanwhile, individual stocks created their own volatility narratives, with Leifras jumping nearly 600% while Seven Hills Realty Trust Right plummeted 58%, reminding investors that headline indexes often mask the dramatic swings happening in the broader market landscape.
