Major indexes closed mostly higher on Wall Street, thanks largely to gains in a handful of Big Tech companies.
Small-company stocks continued to outpace the rest of the market, while investors’ attention turned to huge gains in a new batch of “meme” stocks favored by online investors, including Wendy’s and Clover Health.
The S&P 500 was nearly unchanged, while the tech-heavy Nasdaq rose 0.3%.
Fastly, an internet cloud services provider, rose 10.8% after the company said it had addressed an internal problem that caused dozens of websites around the globe to go down briefly. Treasury yields fell.
