Stocks shook off early losses and managed to end mostly higher on Wall Street, even as weakness in technology companies weighed on major US indexes, the AP reports. The S&P 500 edged up 0.2% Wednesday after trading lower for much of the day. The Nasdaq fell slightly and the Dow Jones Industrial Average ticked up 0.2%. Salesforce.com sank after announcing a deal late Tuesday—which it called "a deal made in heaven"—to buy messaging platform Slack for $27.7 billion. The mixed trading came as investors become more optimistic that coronavirus vaccines could start driving a stronger economic recovery. Treasury yields rose and crude oil prices ended higher. Among stocks that moved heavily or traded substantially Wednesday, per the AP:
- Salesforce.com Inc., down $20.57 to $220.78. The business software pioneer is buying work-chatting service Slack for $27.7 billion.
- NetApp Inc., up $5.07 to $59.23. The data storage company's fiscal second-quarter profit and revenue handily beat analysts' forecasts.
- Box Inc., down $1.63 to $16.91. The online storage provider gave investors a disappointing revenue forecast.
- Visa Inc., down $1.02 to $210.18. The global payments processor said volume growth in the U.S. slowed in November.
- JetBlue Airways Corp., down 45 cents to $14.97. The airline is raising about half a billion dollars in a stock offering priced at a discount to its previous closing price.
- FuboTV Inc., up 66 cents to $27.40. The live sports streaming platform is buying Balto Sports, which makes fantasy sports software.
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