S&P 500 Movers for Wednesday (12/22)

Movers and Shakers wrote a column · Dec 23, 2021 07:58

Stock futures were slightly higher Wednesday evening following the second trading day in which equities climbed higher, as investors looked past earlier jitters about the spread of the omicron Covid variant.

In regular trading, the $Dow Jones Industrial Average (.DJI.US)$ gained 0.7%, bringing its two-day rally to more than 800 points. The $S&P 500 Index (.SPX.US)$ climbed 1% to 4,696.56 and now sits 1% away from its record. The $Nasdaq Composite Index (.IXIC.US)$ climbed 1.2%. All three averages are on track to end the week higher.

Consumer discretionary and tech stocks were among the biggest gainers on the day Wednesday. $Tesla (TSLA.US)$ shares jumped 7% after CEO Elon Musk said he's reached his goal of selling 10% of his shares for tax reasons.