Stocks Tick Upward as Video Game Makers Jump, but Banks Skid
Activision Blizzard soared that Grand Theft Auto
NEW YORK — U. S. stock indexes finished with small gains Wednesday as video game makers
gave technology companies a boost and household goods companies also rose.
Activision Blizzard surged $3.59, or 5.9 percent, to $64.44 after it said revenue for "Call of Duty: WWII" topped $500 million in its opening weekend.
Draho said that In some ways it’s worked out better than investors have hoped,
Energy companies declined and banks fell again as interest rates have weakened
since late October, which makes mortgages and other loans less profitable.
Investors expect interest rates to rise a bit more slowly in the future, partly
because President Donald Trump named Jay Powell as his choice for Federal Reserve chair last month.
