S&P 500 Gains and Losses Today: Uber Soars After First-Ever Buyback Authorization

Key TakeawaysThe S&P 500 gained 1.0% on Wednesday, Feb. 14, 2024, recovering some of the ground it lost in the prior session after hotter-than-expected inflation data.Shares of Uber soared after the ride-hailing company announced its first-ever stock buyback program.Despite posting strong overall financial results, MGM Resorts reported weakness in its regional operations, and its shares dropped.Major U.S. equities indexes rebounded on Wednesday, recovering some of the ground they lost in the previous sessio ...