Stock Indexes Rise for 4th Straight Day

For first time since September
By Newser Editors and Wire Services
Posted Jan 9, 2019 3:14 PM CST
Stock Indexes Rise for 4th Straight Day
Specialist Thomas McArdle, left, and trader Robert Charmak work on the floor of the New York Stock Exchange, Wednesday, Jan. 9, 2019.   (AP Photo/Richard Drew)

Stocks closed higher on Wall Street, giving the market its first four-day winning streak since September, the AP reports. Technology companies and banks posted big gains Wednesday. Those stocks tend to benefit the most from economic growth. Apple added 1.7% and Citigroup also rose 1.7%. Energy companies benefited from the eighth straight gain in the price of oil. Stocks stumbled in late trading after President Trump cut short a meeting on ending the partial government shutdown, calling it a "waste of time." The S&P 500 rose 10 points, or 0.4%, to 2,584. The Dow Jones Industrial Average added 91 points, or 0.4%, to 23,879. The Nasdaq rose 60 points, or 0.9%, to 6,957. (More stock market stories.)

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