(Reuters) – Wall Street’s main indexes rose on Wednesday, led by industrials and technology-related stocks, although investors remained cautious after a heated presidential debate pointed to a tough election race ahead.
Ten of the 11 major S&P indexes were trading higher, with energy also among the biggest gainers in early trading. Financials and energy stocks have both been hammered this month as investors oscillated between growth-linked and value-linked sectors.
The S&P 500 was headed for its first monthly decline since the coronavirus-driven crash in March, with trading becoming more volatile in the past few weeks on increasing doubts about whether President Donald Trump would accept the election’s outcome if he lost.
In a chaotic and bad-tempered first debate, Trump and Democratic rival Joe