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Wall Street Advances With S&P 500 Snapping Four-Day Losing Skid


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The S&P 500 snapped a four-day losing streak and the Dow Jones Industrial Average rose for the first day in three as gains in industrials and information technology stocks renewed a buying tone on the benchmark U.S. averages.

Almost all 11 sectors were in the green in late trading, with only consumer staples and utilities on the weaker side. General Electric's ( GE ) gain after announcing job cuts at its GE Power unit and advances in Boeing ( BA ) and Caterpillar ( CAT ) aided the Dow and lifted industrials as investors awaited Friday's non-farm payrolls report.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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This article appears in: Investing , Stocks
Referenced Symbols: GE , BA , CAT


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