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VOL. 48 | NO. 36 | Friday, September 6, 2024
Wall Street ends higher to snap a 4-day losing streak
NEW YORK (AP) — Stocks closed higher on Wall Street, ending a four-day losing streak.
The S&P 500 added 1.2% Monday. The benchmark index is coming off its worst week in nearly a year and a half. The Dow Jones Industrial Average and the Nasdaq composite also rose 1.2%.
Boeing helped lead the market after reaching a tentative deal with its largest union on a new contract. Palantir Technologies and Dell Technologies rose after being named to join the S&P 500.
Yields held relatively steady in the bond market ahead of reports coming this week on inflation at both the wholesale and consumer levels.