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AP News | Equities.com |

Stocks ended with moderate losses Tuesday as investors waited for the first debate between President Donald Trump and Democratic challenger Joe Biden.

Banks, energy companies and stocks that depend on consumer spending had some of the biggest losses. The price of oil fell 3.2%, dragging much of the energy sector down with it.

Some technology stocks, which have long been the biggest driver of this year’s stock market moves, posted gains. Advanced Micro Devices closed up nearly 3% and Facebook rose nearly 2%. Twitter closed up 1.3%.


AP News | Equities.com |

Stocks notched solid gains Monday as Wall Street clawed back some of its sharp and sudden September losses.

The S&P 500 rose 1.6%, it’s third straight gain. The benchmark index was coming off its first four-week losing streak in more than a year and is on track to close out September with a loss of 4.2% after five months of gains.

The market’s gains were widespread, with more than 90% of the stocks in the S&P 500 higher. Big Tech stocks, which have been getting the most criticism for getting too expensive following their strong pandemic run, did the heaviest lifting. Several companies announced big mergers and acquisitions, which helped to push markets higher.


David Nelson, CFA CMT | Equities.com |

We are just a few days from the end the third quarter as investors gear up for the next wave of earning's reports. Nothing has been normal about 2020 so don't expect October to be any different. The only image that comes to mind is Bizarro World the fictitious home planet of Bizarro Superman where bad is good, up is down and the world is square.

In 2020 that mindset translates into lower earnings = higher stock prices, deficits are better than surpluses and mountains of debt drive long ...


AP News | Equities.com |

Stocks shook off another bout of volatile trading and finished solidly higher Friday, led by gains in technology and health care companies. Despite the rally, the S&P 500 still posted its fourth straight weekly loss, extending Wall Street’s September swoon.

The S&P 500 rose 1.6% after flip-flopping between small gains and losses a few times in the early going. Stocks have been erratic this month, with indexes setting new highs to start the month and then falling sharply as investors worried that values for some of technology giants had risen too high.

The benchmark index ended the week with a 0.6% loss for its first four-week losing streak in more than a year. The index is now down 5.8% for September, following five straight months of gains.


AP News | Equities.com |

Stocks eked out modest gains Thursday even as volatility continued to be the dominant force in Wall Street’s tumultuous September.

The S&P 500 rose 0.3% after earlier swinging between a loss of 0.9% and a gain of 1.3%. The market notched widespread gains, though technology stocks powered much of the turnaround. Out of the S&P 500′s 11 sectors, only health care ended the day lower.

The market’s momentum has shifted with lightning speed recently, often changing direction by the hour. On Wednesday, the S&P 500 rose to a modest gain when trading began, only to end the day with a 2.4% slump. The benchmark index is now down 9.3% from its record set on Sept. 2 and on pace for its first monthly decline after a five-month rally.


AP News | Equities.com |

Wall Street racked up more losses Wednesday as stocks closed broadly lower, wiping out the market’s gains from the day before.

The S&P 500 fell 2.4% after giving up an earlier gain. The selling, which accelerated in the afternoon, was widespread, though technology stocks accounted for the biggest losses. The decline deepens the benchmark index’s September slide to 7.5% after a five-month rally.

The market has been whiplashed by several shifts in momentum recently. This week alone, a Monday swoon brought the S&P 500 to the edge of a 10% drop from its record high set on Sept. 2, what Wall Street calls a correction. It rebounded the following day to snap its first four-day slide since stocks were selling off in February. Wednesday’s pullback left the S&P 500 within 0.4% of a correction.


AP News | Equities.com |

Stocks on Wall Street shrugged off an early slide and closed higher Tuesday, halting the first four-day losing streak since the market was selling off in the early days of the pandemic.

The S&P 500 climbed 1.1%, led by solid gains in technology and communications stocks, and companies that rely on consumer spending. Banks, health care and energy stocks closed lower. Homebuilders surged following a report showing U.S. home sales jumped in August to their highest level since 2006.

The gains helped the market recover some of its losses a day after stocks tumbled amid a raft of worries about the pandemic and governments’ response to it.


AP News | Equities.com |

Wall Street slumped Monday as markets tumbled worldwide on worries about the pandemic’s economic pain, though the S&P 500 had pared its losses by the end of the day.

The drop began in Asia as soon as trading opened for the week, and they accelerated in Europe on worries about the possibility of tougher restrictions there to stem rising coronavirus counts. In the U.S., stocks and Treasury yields weakened, while prices sank for oil and other commodities that a healthy economy would demand.

The S&P 500 fell 38.41 points, or 1.2%, to 3,281.06. It extends the index’s losing streak to four days, its longest since February’s sell-off on recession worries. But a last-hour recovery helped the blue chip index more than halve its loss of 2.7% from earlier in the day.


AP News | Equities.com |

Wall Street capped another turbulent week of trading Friday with a broad slide in stocks that left the S&P 500 with its third-straight weekly loss.

The S&P 500 fell 1.1%, led once again by a sell-off in technology companies, with Apple, Amazon and Alphabet weighing particularly on the market. Technology stocks and other companies that powered the market’s strong comeback this year have suddenly lost momentum this month amid worries that they have become too expensive.

The sell-off tempered later in the afternoon but still wiped out what had been a solid start to the week. The S&P 500 is on track for its first monthly loss since March. September is historically the worst month for stocks.


AP News | Equities.com |

Another slide in technology companies helped pull stocks lower on Wall Street Thursday, extending losses from the day before.

The S&P 500 lost 0.8% after having been down 1.7% earlier. The selling was widespread, with eight of the 11 sectors that make up the benchmark index ending the day lower. The sectors that include Amazon, Facebook and Apple took the heaviest losses.

The selling came a day after the Federal Reserve said it will keep interest rates at nearly zero for years to support the wheezing economy. The statement failed to encourage Wall Street and the S&P 500 recorded its first loss in four days Wednesday.