Wall Street Has an Unwanted 4-Week StreakNewser — Newser Editors
Stocks had a strong day on Friday, but it wasn't enough to stop a four-week skid. The Dow rose 359 points, or 1.3%, to 27,173; the S&P rose 51 points, or 1.6%, to 3,298; and the Nasda8 rose 241 points, or 2.2%, to 10,913.
The "sell-off has stabilized a bit over the last few days, but there are still no real signs of strength,” Mark Newton of Newton Advisors tells CNBC. “Thus, the trend remains bearish and not much to bet on a rebound.”
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This article originally appeared on Newser: Wall Street Has an Unwanted 4-Week Streak