Northern Wyoming Daily News - Serving the Big Horn Basin for over 100 years

By MARLEY JAY
AP Markets Writer 

Stocks stretch winning streak to 6 days despite turbulence

NEW YORK (AP) — Stocks closed out their strongest week in five years Friday and have now recovered more than half of the losses they suffered in a plunge at the beginning of the month.

 

February 17, 2018



NEW YORK (AP) — Stocks closed out their strongest week in five years Friday and have now recovered more than half of the losses they suffered in a plunge at the beginning of the month.

Investors got back to buying stocks almost as quickly as they started dumping them. The gain Friday was the sixth in a row for the Standard & Poor’s 500 index. A combination of cheaper prices for stocks as well as solid company profits put investors back in a buying mood.

The S&P 500, which many index funds track, has risen almost 6 percent in its current streak. Investors haven’t hesitated to buy the s...



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