US Stocks Extend Gains

As investors focus on latest earnings
By Newser Editors and Wire Services
Posted Feb 11, 2020 3:04 PM CST
US Stocks Extend Gains
In this Feb. 6, 2020, file photo specialist Meric Greenbaum, center, works with traders at his post on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew, File)

(Newser) – Stocks are closing mostly higher as investors weigh another round of mostly solid company earnings reports, the AP reports. Health care companies and banks rose. Technology stocks fell after federal regulators said they are ramping up a probe into Microsoft and other tech giants. Cruise operators, hotels and other companies that focus on travel made solid gains as traders brush off fears about the virus outbreak that originated in China. The S&P 500 rose 5 points, or 0.2%, to 3,357. The Dow Jones Industrial Average gave up an early gain and closed little changed at 29,276. The Nasdaq rose 10 points, or 0.1%, to 9,638. (Read more stock market stories.)

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