2 Hot SaaS Stocks Just Reported Earnings, but Only This One Is Soaring

2 Hot SaaS Stocks Just Reported Earnings, but Only This One Is Soaring

Volatility remained in the cards for Wall Street investors on Wednesday, as market participants struggled to find direction amid constantly changing narratives. Comments from medical professionals about the omicron COVID-19 variant, as well as testimony by Treasury Secretary Janet Yellen and Fed Chair Jerome Powell painted different pictures of what the future could bring. In the end, the Dow Jones Industrial Average (DJINDICES: ^DJI), S&P 500 (SNPINDEX: ^GSPC), and Nasdaq Composite (NASDAQINDEX: ^IXIC) gave up early gains and finished between 1% and 2% lower.