Tag Archives: threeweek

Stocks rally to snap three-week losing streak

Stocks rally to snap three-week losing streak

U.S. stocks extended a broad-based rebound Friday, capping a sell-off that spanned three consecutive weeks. The S&P 500 jumped 1.5%, building on back-to-back sessions of gains, while the Dow Jones Industrial Average soared 377 points, or about 1.2%. Technology stocks led the way up, with the Nasdaq Composite climbing 2.1%. Oil extended a volatile run as prices resumed their climb Friday. West Texas Intermediate (WTI) and Brent crude oil futures each rose 4% to $86.88 per barrel and $92.84 per… Source link

Read More »

Stocks fall after three-week selloff

Stocks fall after three-week selloff

U.S. stocks sank lower Tuesday as traders return to Wall Street for a holiday-shortened week after Labor Day. The benchmark S&P 500 fell 0.3%, while the Dow Jones Industrial Average declined by the same margin, or about 100 points. The tech-heavy Nasdaq Composite was off by 0.5%. The moves come after three straight weeks of losses for the major averages. “The market will enter the first full week of September looking to snap a three-week losing streak as investors continued to digest the… Source link

Read More »