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Wobbly Day of Trading Ends With Modest Gains

US stock indexes spent most of the day in the red
By Newser Editors and Wire Services
Posted Jan 30, 2020 3:00 PM CST
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In this Jan. 9, 2020, file photo specialist David Haubner works on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew, File)

(Newser) – A late wave of buying left major US stock indexes with modest gains on Wall Street after spending most of the day in the red, the AP reports. Technology companies and banks did the best. Investors were assessing the latest company earnings reports and developments in the outbreak of a new virus in China. The S&P 500 rose 10 points, or 0.3%, to 3,283. The Dow Jones Industrial Average rose 124 points, or 0.4%, to 28,859. The Nasdaq rose 23 points, or 0.3%, to 9,298. Smaller company stocks fell. Bond prices rose. The yield on the 10-year Treasury fell to 1.58%. (Read more stock market stories.)

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