S&P 500 Breaks 4-Day Losing Streak

Nasdaq also ends higher, but Dow slips
By Newser Editors and Wire Services
Posted Sep 10, 2018 3:17 PM CDT
In this Aug. 27, 2018, file photo trader George Ettinger, foreground, works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Monday, Sept. 10.   (AP Photo/Richard Drew, File)

(Newser) – The S&P 500 index broke a four-day losing streak with small gains as industrial companies and retailers rose, the AP reports. Technology companies were also higher Monday following steep losses last week. CBS slipped 1.5% after it announced the departure of longtime CEO Les Moonves following more accusations of sexual misconduct. Alibaba skidded 3.7% after the huge Chinese e-commerce company said co-founder Jack Ma will step down as chairman in 2019. The S&P 500 rose 5 points, or 0.2%, to 2,877. The Dow Jones Industrial Average slipped 59 points, or 0.2%, to 25,857. The Nasdaq composite added 21 points, or 0.3%, to 7,924. (Read more stock market stories.)

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