U.S. stocks traded higher on Wednesday, Dec. 13 as investors anticipated the latest monetary policy from the Federal Reserve.
Shares of Finisar Corp. (FNSR) soared some 30% after Apple Inc. (AAPL) invested $390 million in the laser chipmaker. Finisar is Apple's second-largest supplier of the laser technology that Apple uses for facial-recognition capabilities in the iPhone X.
Target Corp. (TGT) stock jumped after purchasing tech startup Shipt for $550 million on Wednesday. The retailer expects to be able to offer same-day delivery at about half of its 1,800 stores by next summer. The full rollout will hit all of its stores by next year's holiday season.
Citi overcame a mixed print to send its stock surging on Monday.
Real Money's message boards are strictly for the open exchange of investment ideas among registered users. Any discussions or subjects off that topic or that do not promote this goal will be removed at the discretion of the site's moderators. Abusive, insensitive or threatening comments will not be tolerated and will be deleted. Thank you for your cooperation.
If you have questions, please contact us here.
Email
Email sent
Thank you, your email to has been sent successfully.
