S&P 500 stretches winning streak to 4 days as tech stocks rebound, trade jitters ease

U.S. stocks closed higher Thursday, with the S&P 500 up for a fourth straight session on the back of strong technology shares. News that China may be receptive to overtures from the U.S. on new talks also soothed trade-related jitters.

The Dow Jones Industrial Average advanced 147.07 points, or 0.6%, to end at 26,145.99, its first close above 26,000 this month. The S&P 500 rose 15.26 points, or 0.5%, to 2,904.18 and the Nasdaq Composite Index climbed 59.48 points, or 0.8% to finish at 8,013.71.

Technology stocks were the best performers with Apple Inc. rising 2.4% a day after it unveiled new iPhones. Alphabet Inc, +1.08% added 0.9% and Microsoft Corp. 1.1%.


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Wall Street Opens Higher on Tech Rebound, Easing Trade Worries

US stocks opened higher on Thursday, as technology stocks bounced back and trade worries eased after China said it was open to new trade talks with the United States.

The Dow Jones Industrial Average rose 85.02 points, or 0.33 percent, at the open to 26,083.94. The S&P 500 opened higher by 7.93 points, or 0.27 percent, at 2,896.85. The Nasdaq Composite gained 45.70 points, or 0.57 percent, to 7,999.93.

Source : Reuters

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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

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