S&P 500's Winning Streak Fizzles Out

The S&P 500 falls 0.4% after a shaky day of trading
By Newser Editors and Wire Services
Posted Jun 17, 2020 3:22 PM CDT
S&P 500's Winning Streak Fizzles Out
The Boston Scientific Corporation virtually rings The Opening Bell on Wednesday, June 17, 2020 in New York. The NYSE honorary Opening Bell ringer is Jamal Lewis, a regional sales manager in Interventional Cardiology and Structural Heart at Boston Scientific.   (New York Stock Exchange via AP Images)

The S&P 500 gave up an early gain and ended slightly lower, ending a three-day winning streak, the AP reports. The benchmark index fell 0.4% after a wobbly day of trading. Like other markets worldwide, Wall Street took a pause following some recent gains. Treasury yields held steady and oil prices ended lower. The index has climbed back within 8% of its record set in February, but analysts still say more volatility may be ahead. Even with its three days of recent gains the index still hasn't clawed back the ground it lost in a 6% drop last Thursday. (More Wall Street stories.)

Get the news faster.
Tap to install our app.
X
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.

X