Stocks Post 5th Gain in a Row

It's the longest winning streak since September
By Newser Editors and Wire Services
Posted Jan 10, 2019 3:11 PM CST
Stocks Post 5th Gain in a Row
Trader Steven Kaplan works on the floor of the New York Stock Exchange, Thursday, Jan. 10, 2019.   (AP Photo/Richard Drew)

(Newser) – The stock market shook off a rocky start and managed to end higher, stretching its winning streak into five days, the longest run since September, the AP reports. Industrial companies and chipmakers were among the biggest winners in a choppy day of trading Thursday. General Electric jumped 5.2% and aircraft maker Boeing rose 2.6%. Macy's took a nosedive after reporting a very weak holiday season, taking investors by surprise. The stock plunged 17.7%. American Airlines fell 4.1% after issuing a disappointing forecast. The S&P 500 rose 11 points, or 0.5%, to 2,596. The Dow Jones Industrial Average rose 122 points, or 0.5%, to 24,001. The Nasdaq added 28 points, or 0.4%, to 6,986. (Read more stock market stories.)

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