Markets Right Now: S&P 500 breaks a 4-day losing streak

Postado Dezembro 08, 2017

USA stock-market indexes closed modestly higher on Thursday, driven by gains in the technology, industrials and materials sectors.

The Russell 2000 is down 16.55 points, or 1.1 percent.

Energy stocks also rose as the price of crude oil bounced back following a steep drop a day earlier.

The Dow Jones industrial average rose 70.57, or 0.3 percent, to 24,211.48. The tech-heavy Nasdaq Composite index advanced 36.47 points, or 0.5%, to 6,812.84.

Bond prices fell. The yield on the 10-year Treasury rose to 2.38 percent.

The Nasdaq is up 1,429.72 points, or 26.6 percent. The S&P 500 closed 7.71 points, or 0.3%, higher at 2,636.98, after four consecutive days of declines.

The Dow Jones industrial average climbed 82 points, or 0.4 percent, to 24,226.

The Nasdaq is down 34.74 points, or 0.5 percent.

The S&P 500 is up 398.15 points, or 17.8 percent.

Stocks are off to a mixed start on Wall Street as gains for technology companies are offset by losses for banks.

Auto parts retailer AutoZone jumped 6.8 percent after reporting a stronger quarter than anlaysts were expecting.

Medical device maker Boston Scientific rose 1.7 percent early Tuesday and drugmaker AbbVie rose 1.3 percent.