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VOL. 44 | NO. 48 | Friday, November 27, 2020
Stock indexes shake off a weak start, end mostly higher
Stocks shook off early losses and managed to end mostly higher on Wall Street, even as weakness in technology companies weighed on major U.S. indexes.
The S&P 500 edged up 0.2% Wednesday after trading lower for much of the day.
The Nasdaq fell slightly and the Dow Jones Industrial Average ticked up 0.2%. Salesforce.com sank after announcing a deal late Tuesday to buy messaging platform Slack for $27.7 billion.
The mixed trading came as investors become more optimistic that coronavirus vaccines could start driving a stronger economic recovery.
Treasury yields rose and crude oil prices ended higher.