By Geoffrey Smith
Investing.com -- U.S. stock markets opened higher again on Wednesday, still supported by hopes for the early distribution of a Covid-19 vaccine next year and undaunted by record numbers of infections across the country over the last week.
However, the lead was taken by tech stocks, which profited from some bargain-hunting after underperforming heavily in the last two days as investors rotated back into cyclical and financial stocks.
By 9:35 AM ET (1435 GMT), the Dow Jones Industrial Average was up 134 points, or 0.5%, at 29,555 points. The S&P 500 was up a little more than 0.5% and the NASDAQ Composite was up 0.8%.