Wall Street's Early Gain Doesn't Last

Market's losing streak extends
By Newser Editors and Wire Services
Posted Oct 7, 2019 3:04 PM CDT
Trader Michael Milano works on the floor of the New York Stock Exchange, Monday, Oct. 7, 2019.   (AP Photo/Richard Drew)

(Newser) – Stocks gave up some meager midday gains and ended broadly lower on Wall Street, extending the market's losing streak into a fourth week, the AP reports. Technology companies and makers of consumer products led the way lower on Monday. Broadcom lost 1.9% and Pepsi lost 1.4%. Traders are keeping a close eye on the latest round of trade talks between the US and China, which are resuming this week. The dispute has been whipsawing markets for months. The S&P 500 fell 13 points, or 0.4%, to 2,938. The Dow Jones Industrial Average lost 95 points, or 0.4%, to 26,478. The Nasdaq lost 26 points, or 0.3%, to 7,956. (Read more stock market stories.)

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