By Yahoo! Finance | Created at 2024-12-20 16:09:53 | Updated at 2024-12-22 01:34:14
1 day ago
The Dow Just Turned Higher. Wall Street Is Buying the Dip.
The stock market is finally showing signs of life.
The Dow was up 308 points, or 0.7%, on Friday after it rose slightly yesterday to snap its longest losing streak since 1974. Now the Dow will look to string together two daily gains for the first time since Nov. 26.
The S&P 500 was up 0.5%, and nearly 350 stocks in the index were on track to close higher. That would snap the market benchmark’s streak of negative breadth at 14 days. The Nasdaq Composite was up 0.4%.
