Stocks Rise for 3rd Straight Day

Dow ends day up 264
By Newser Editors and Wire Services
Posted Nov 1, 2018 3:20 PM CDT
Stocks Rise for 3rd Straight Day
In this Oct. 24, 2018, file photo specialist Peter Mazza, left, and trader Anthony Carannante work on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew, File)

(Newser) – Stocks rose again on Wall Street, extending a rebound into a third day following a dismal October, the AP reports. Technology and consumer-focused companies put up some of the biggest losses Thursday. Chipmakers did especially well after taking a beat last month. Intel added 2.9% and Nvidia climbed 3.5%. Amazon recovered 4.2%, but is still down 18% from the all-time high it reached in early September. Chemicals maker DowDuPont jumped 8.1% after reporting a strong quarter. The S&P 500 index rose 28 points, or 1.1% to 2,740. The Dow Jones Industrial Average climbed 264 points, or 1.1%, to 25,380. The Nasdaq composite rose 128 points, or 1.8%, to 7,434. (Read more stock market stories.)

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