- S&P 500 is posting modest daily gains on Wednesday.
- S&P 500 Technology Index performs relatively well.
- Cruise liner shares fall sharply with NCLH as the top-decliner.
Wall Street’s main indexes started the day modestly higher and seem to be having a difficult time gathering momentum. As of writing, the S&P 500 Index was up 0.28% on the day at 3,133 points while the Nasdaq Composite and the Dow Jones Industrial Average are gaining 0.9% and 0.1%, respectively.
Among the 11 major S&P 500 sectors, the Technology and the Communication Services indexes are both rising around 0.6%. On the other hand, the Energy Index is down more than 2%.
S&P 500 top movers
Heightened concerns over a second coronavirus wave continue to weigh on cruise liner stocks. Norwegian Cruise Line Holdings Ltd (NCLH), Royal Caribbean Cruises Ltd (RCL) and Carnival Corp (CCL) shares are down 7.06%, 6.7% and 5.2%, respectively.
On the flip side, the interactive entertainment company Activision Blizzard Inc (ATVI) is trading at its highest level since October 2018 at $76.25, gains 4.45% on a daily basis.
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