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
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)

(Newser) – 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. (Read more stock market stories.)

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