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Stocks gain ground a day after Dow entered a bear market

1 month ago   |   By Boston Herald

By DAMIAN J. TROISE
NEW YORK - Stocks rose in morning trading on Wall Street Tuesday a day after a broad sell-off sent the Dow Jones Industrial Average into a bear market to join other major U.S. indexes.
The S&P 500 rose 1% as of 10:22 a.m. Eastern. The Dow rose 219 points, or 0.8%, to 29,498 and the Nasdaq rose 1.4%.
Energy stocks were among the biggest gainers as U.S. crude oil prices rose 2.8%. Exxon Mobil rose 3.1%. Technology stocks and retailers also helped lead the gains. Apple rose 1.7% and Home Depot rose 1.8%.
The gains come amid an extended slump for stocks. With just a few...
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Wall Street opens higher a day after Dow entered bear market

1 month ago   |   By Boston Herald

NEW YORK - Stocks are opening solidly higher on Wall Street a day after the Dow Jones Industrial Average followed other major U.S. indexes in entering a bear market. The Dow was up a bit more than 1% in the early going Tuesday, and the S&P 500 was up 1.5%. Gains for technology companies helped push the Nasdaq composite up 2%. Energy prices rose and Treasury yields eased lower. With just a few days left in September, stocks are heading for another losing month as markets fear that the higher interest rates being used to fight inflation could knock the economy into a recession.
THIS IS A...
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