Ozempic maker Novo Nordisk pushes out its CEO over declining stock price
S&P 500 shakes off down day for tech heavyweights to finish higher
In a case of opposite day, the lesser-runs of the S&P 500 powered the market higher while the heavyweights broadly retreated on Thursday. The benchmark US stock index closed up 0.4%, the Nasdaq 100 eked out a 0.1% gain, and the Russell 2000 led the way with a 0.5% advance.
Contrary to Wednesday, the S&P 500’s advance-decline line was tilted decidedly to the upside, with gainers outnumbering fallers by 247. Every S&P 500 sector ETF traded higher save for consumer discretionary, with defensive sectors like utilities and consumer staples topping the leaderboard.
Cisco helped lead the day’s gains, jumping nearly 5% after the networking products company posted a Q3 solid…
