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Stocks Climb; S&P 500 Breaks Two-Week Losing Streak

2017-08-26 1 Dailymotion

Stocks Climb; S&P 500 Breaks Two-Week Losing Streak<br />The Dow Jones industrial average gained 30.27 points, or 0.1 percent, to 21,813.67, the Nasdaq composite dipped 5.68, or 0.1 percent, to 6,265.64<br />and the Russell 2000 index of small-cap stocks rose 3.58, or 0.3 percent, to 1,377.45.<br />Phil Orlando said that The market generally does not believe that anything is going to happen, it’s maybe a 20 to 30 percent chance,<br />The S&P 500 rose 4.08 points, or 0.2 percent, to 2,443.05,<br />and it barely budged off its course after Federal Reserve Chair Janet Yellen gave her speech in the morning.<br />NEW YORK — Stocks rose on Friday, and the Standard & Poor’s 500 index cruised to its first winning week in the last three.<br />In the stock market, design-software company Autodesk jumped to one of the biggest gains in<br />the S&P 500 after reporting stronger results for the latest quarter than analysts expected.<br />The biggest reaction to the speeches may have been in the currency market, where the dollar fell against rivals following Yellen’s speech.

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