Market's Gains Extend to 4th Straight Day

Dow ends day up 88, S&P 500 hits another record
By Newser Editors and Wire Services
Posted Feb 6, 2020 3:16 PM CST
Trader Craig Spector works on the floor of the New York Stock Exchange, Thursday, Feb. 6, 2020. U.S. stocks rose in midday trading Thursday as investors continued focusing on the latest round of corporate earnings and China cut tariffs on key imports as part of a trade war truce.   (AP Photo/Richard Drew)
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(Newser) – Stocks are ending mostly higher on Wall Street, enough to extend the market's gains to a fourth straight day, the AP reports. Technology companies were at the head of the pack again, pushing the Nasdaq composite's weekly gain to 4.6%. Twitter and Coach brand owner Tapestry rose sharply after reporting strong results. The S&P 500 rose 11 points, or 0.3%, to 3,345, another record high. The Dow Jones Industrial Average rose 88 points, or 0.3%, to 29,379 and the Nasdaq climbed 63 points, or 0.7%, to 9,572. Bond prices rose, sending yields lower. The yield on the 10-year Treasury note slipped to 1.64%. (Read more stock market stories.)

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