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Stocks move higher on Wall Street after big gain in August - Black News Channel

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By Alex Veiga AP Business Writer Wall Street shook off a sluggish start and was moving higher in afternoon trading Tuesday, a day after the market wrapped up its fifth monthly gain in a row. The S&P 500 was up 0.5%, as more strength in technology stocks and gains in retailers and other companies that rely on consumers offset declines in health care, utilities and financial companies. Treasury yields fell slightly. Despite the early stumble, the latest gains have the S&P 500 on pace to for another record-high close after setting several new highs last month. Terry Sandven, chief equity […]

The post Stocks move higher on Wall Street after big gain in August appeared first on Black News Channel.

Source: Black News Channel - Black News Channel

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