U.S. Stocks Open Lower on Wednesday; Super Micro Jumps Another 5%

Tiger Newspress

02-19

US stocks fell slightly on Wednesday after a record-setting session for Wall Street.

The S&P 500 on Tuesday climbed to an all-time high, even as concerns around sticky inflation and President Donald Trump’s trade policies persist. The benchmark hit an intraday record of 6,129.63 and notched a record close at 6,129.58.

Super Micro Computer shares jumped another 5% in morning trading on Wednesday, after spiking 16.5% on Tuesday, exactly one week before its February 25 deadline to file its 2024 annual report, along with its quarterly reports for the September 2024 and December 2024 periods. The shares have soared 32% last week.

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