A currency trader watches computer monitors near the screens showing the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Wednesday, Dec. 28, 2022. Shares were mixed in Asia on Wednesday after a post-holiday retreat on Wall Street, as markets count down to the end of a painful year for investors.(AP Photo/Lee Jin-man)
BANGKOK (AP) — Stocks are opening slightly higher on Wall Street Wednesday as investors count down to the end of the worst year for the S&P 500 since 2008. Tesla is rebounding from steep losses it suffered after reports Tuesday that it temporarily suspended production at a factory in Shanghai. Energy stocks were the main losers. Southwest Airlines shares dropped as the carrier’s dramatic trouble with flight cancellations continued. Health care and real estate companies are leading the S&P 500 gainers. The benchmark index is up 0.4% shortly after the open, and the Dow Jones Industrial Average is up 0.3%. The technology heavy Nasdaq composite gained 0.4%. Treasury yields slipped.