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Fortune
Fortune
Paolo Confino

Two welcome signs for investors: S&P 500 tips positive for the year and the Nasdaq sees a successful IPO

Nasdaq building (Credit: Ben Hider/Getty Images)
  • Markets on Wednesday continued the week’s steady upward climb following earlier news of a tariff truce between the U.S. and China. Semiconductor stocks Nvidia and AMD rose on the day. Meanwhile, the Nasdaq saw the successful debut of the Israeli fintech company eToro—a promising sign for the otherwise stagnant IPO market. 

Markets didn’t change much on Wednesday, ending the day roughly where they started. The S&P 500 was practically flat rising less than 0.1%, the Dow finished the day down 0.2%, and the Nasdaq was up 0.5% by market close. 

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