S&P 500, Nasdaq Break 4-Day Losing Streak as Tech Shares Rebound

U.S. stocks ended mostly higher Monday, with the S&P 500 and Nasdaq Composite lifted by a rebound for tech shares to end a four-day string of losses.

The Dow industrials were unable to hold early gains, however, edging lower to post a second consecutive losing session. The S&P 500 rose 0.2% to settle near 2,877.18, according to preliminary figures, while the tech-heavy Nasdaq advanced 0.3% to around 7,924.16. The Dow shed around 59 points, or 0.2%, to finish near 25,857.

Source : Market Watch

PT Bestprofit Futures – MARKET
Sumber : bpfnews.com

S&P 500, Nasdaq Look To Snap 4-Day Losing Streak

U.S. stocks rose in midday trading on Monday, in a partial rebound from the steep decline suffered last week.

The day’s gains were broad-based, with 10 of the 11 primary S&P 500 industry groups in positive territory. Industrial stocks were among the biggest gainers, with the sector up 0.7%.

The Dow Jones Industrial Average rose 10 points to 25,920. The S&P 500 was up 9 points to 2,881, a gain of 0.3%. The Nasdaq Composite Index gained 22 points, or 0.3%, to 7,926.

Both the S&P and the Nasdaq are coming off four straight daily declines. Last week was the S&P’s first negative week of the past four, and it represented the biggest weekly percentage drop since June. The Nasdaq suffered its biggest weekly drop since March.

The three gauges are showing year-to-date gains ranging from 4.9% to nearly 15%.

Source : Market Watch

PT Bestprofit Futures – MARKET
Sumber : bpfnews.com

U.S. stocks retreat after 4-day rally, but Nasdaq tests 5th straight all-time peak

Most U.S. stock benchmarks retreated Thursday after four straight days of gains, with buying appetite waning somewhat ahead of a three-day holiday weekend and after a series of repeated records.

Markets will be closed on Monday for the Labor Day holiday and trading volume is expected to be light, as is typical for the final week of August.

The Dow Jones Industrial Average fell 65 points, or 0.3%, to 26,056. The S&P 500 index lost 4 points, or 0.1%, to 2,910. The Nasdaq Composite Index is weaving in and out of negative territory but was last up 16 points to 8,125, or up 0.2%.

All three gauges are coming off a four-day rally, and both the S&P and the Nasdaq ended at records in each of those sessions.

For the month of August, the S&P is up 3.8% and the Nasdaq has gained 6.4% while the Dow is up 2.9%, its second straight positive month.

Source : Market Watch

PT Bestprofit Futures – MARKET
Sumber : bpfnews.com

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