Stocks Shake Off Early Slide, End Higher

Dow climbs 175 points
By Newser Editors and Wire Services
Posted Feb 4, 2019 3:19 PM CST
In this Jan. 30, 2019, file photo specialists Mario Picone, left, and Glenn Carrell work on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew, File)

(Newser) – Stocks recovered from an early slide and finished broadly higher as gains in technology and industrial companies outweighed losses elsewhere in the market, the AP reports. The market had gotten off to a weak start Monday after the government reported that factory orders fell in November, but by midday major indexes had turned higher. Clorox and Sysco rose after beating Wall Street forecasts for their most recent quarters. Troubled pizza chain Papa John's surged on an infusion of $200 million and a new board chairman. The S&P 500 rose 18 points, or 0.7%, to 2,724. The Dow Jones Industrial Average climbed 175 points, or 0.7%, to 25,239. The Nasdaq composite added 83 points, or 1.2%, to 7,347. (Read more stock market stories.)

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