Led by gains in the healthcare and financial sector, stocks were sharply higher on Wednesday, shrugging off overseas jitters tied to the Paris police raid and disappointing U.S. housing market data. Both the Dow Jones Industrial Average and S&P 500 have again breached their respective 200-day moving averages after closing below those levels on Tuesday while the Nasdaq Composite index was outperforming thanks to a recovery for biotech stocks and by Apple ( AAPL ) after Goldman Sachs added the technology giant to its Conviction List.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
