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Wall Street Extends Win Streak to Fourth Day, Powered By Financials and Tech Stocks

Wall Street's main markets were poised for a fourth day of advances, the longest stretch in more than a month as stocks shrugged off stronger-than-expected inflation data that initially renewed interest-rate worries and sent equities lower.

Financials, information technology and consumer discretionary sectors powered ahead, while the Dow Jones Industrial Average was supported by a strong day for athletics retailer Nike ( NKE ) and its banking components, JPMorgan Chase ( JPM ) and Goldman Sachs ( GS ).

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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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