Nasdaq Composite books third straight gain, after Monday’s whipsaw

Shares of Tesla Inc. TSLA, +3.93% advanced 3.93% to $1,106.22 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP, +0.23% rising 0.23% to 15,188.39 and the Dow Jones Industrial Average DJIA, +0.11% rising 0.11% to 36,290.32. This was the stock’s third consecutive day of gains. Tesla Inc. closed $137.27 below its 52-week high ($1,243.49), which the company achieved on November 4th.

Justworks Inc. JW, said Wednesday it has decided to delay its initial public offering after setting a pricing range as little as a week ago. Shares of the outsourced HR and payroll software platform were expected to price late Wednesday and begin trading on the Nasdaq Thursday.

Shares of Magna International Inc. MG, -0.64% dropped 0.64% to C$107.49 Tuesday, in what proved to be an otherwise all-around positive trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, +0.96% rising 0.96% to 21,274.81.

The argument has long existed — some bitcoin supporters have touted the cryptocurrency as “digital gold,” a hedge against inflation and a store of value.

Shares of TELUS Corp. T, +0.47% inched 0.47% higher to C$29.62 Tuesday, in what proved to be an all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, +0.96% rising 0.96% to 21,274.81.

Dow, S&P 500 end less than 2% away from closing records

Shares of Illumina Inc. ILMN, -2.18% shed 2.18% to $362.28 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, -0.14% falling 0.14% to 4,670.29 and Dow Jones Industrial Average DJIA, -0.45% falling 0.45% to 36,068.87. This was the stock’s second consecutive day of losses. Illumina Inc. closed $193.49 below its 52-week high ($555.77), which the company achieved on February 12th.

‘Higher bond yields should not be disruptive for equities, but rather support our call for a growth to value rotation,’ say JPMorgan analysts

Shares of Rogers Communications Inc. Cl B RCI.B, +0.29% inched 0.29% higher to C$61.78 Monday, in what proved to be an otherwise all-around down trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, -0.06% falling 0.06% to 21,072.32.