Stock market today: Wall Street rises to recover much of this weeks losses as big events loom [Video]

HONG KONG – U.S. stocks are rising Wednesday and recovering much of their sharp losses from the day before, which was Wall Street’s worst in three weeks. But several events coming up later in the day could still shake things.

The S&P 500 was 0.6% higher in early trading, a day after sharp drops for Big Tech stocks dragged it 1% lower. The Dow Jones Industrial Average was up 198 points, or 0.5%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.9% higher.

CrowdStrike jumped 20.1% after the cybersecurity company reported stronger profit for the latest quarter than analysts expected. It also gave a forecast for upcoming profit that topped Wall Street’s estimates.

Campbell Soup climbed 4.1% after it likewise reported stronger-than-expected profit.

Amazon, Meta Platforms and several other Big Tech stocks were also stabilizing a day after pulling the market lower. These stocks have been disproportionately responsible for …