Stocks push to more gains and record highs on Wall Street
1 month 3 weeks 2 days ago
Monday, February 08 2021
Feb 8, 2021
February 08, 2021 4:44 PM
February 08, 2021
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U.S. stocks notched more gains and pushed to new highs Monday, extending a winning streak that just gave the market its best weekly gain since November.
The S&P 500 rose 0.7%, it’s sixth straight gain. The three major indexes climbed to an all-time high, as did a benchmark of smaller company stocks. Technology and financial stocks helped lead the broad rally. Energy sector companies surged the most following a 2% jump in the price of U.S. crude oil. Treasury yields mostly rose.
Damian J. Troise and Alex Veiga
U.S. stocks notched more gains and pushed to new highs Monday, extending a winning streak that just gave the market its best weekly gain since November.
The S&P 500 rose 0.7%, it’s sixth straight gain. The three major indexes climbed to an all-time high, as did a benchmark of smaller company stocks. Technology and financial stocks helped lead the broad rally. Energy sector companies surged the most following a 2% jump in the price of U.S. crude oil. Treasury yields mostly rose.
Investors have been encouraged by surprisingly good corporate earnings reports, news that a recent surge in new coronavirus cases is easing, and progress in the distribution of vaccines.
credentials for becoming commander-in-chief. yet with, north korea potentially testing a hydrogen bomb and crises from iran to syria and libya, republican front-runner donald trump has been firing back with more than just attacks on personal issues. as secretary of state she was a disaster. clinton put out a statement condemning north korea today and defending the administration s pivot to asia. but the rnc fired back that as secretary of state she was weak on north korea. brett? ed henry, live. he may be late to an already-overcrowded party, but former republican new mexico governor gary johnson is entering the presidential race as a libertarian. johnson made the announcement today to neil cavuto. johnson ran in 2012, first as a republican and then later as the libertarian candidate. another big loser today, on wall street, the dow fell 252, the s&p 500 was off 26, the nasdaq
he wants the united states to stop treating him like a criminal. this just into us. a major announcement from blackberry. it is abandoning all plans to sell the company. the company ceo will also be stepping down. confusing, right? our chief business correspondent christine romans is in new york to explain this to us. this is the gdemise of the crack berry. the worker bees used it. in washington, on wall street. the close has slowly unbound, the stock down 20%. they have halted trading of the sta shares. the ceo is out. he had bet 100% on a new operating system and new blackberries to invigorate the company in the midst of all the competition out there. and it just didn t work. the company had been trying to find a buyer, really couldn t.