Market Watch: Wall Street Finally Stops Losing Streak

shutterstock_150585362

U.S. stocks were higher on Tuesday, as Wall Street broke its longest losing streak of 2015.

All three major indices (Dow, NASDAQ, S&P 500) have finished in the red for five consecutive days, shedding anywhere from 2.5%-4% in that time. Investors hoping to stop the bleeding turned their attention to oil prices, which bounced back over $48 per barrel today.

Meanwhile, the Federal Reserve committee kicked off its two-day meeting. Many are hoping for further guidance on the timing of the first interest rate hike in almost 10 years.

The day didn’t pass without discouraging data, however. The Consumer Confidence Index read only 90.9 for July—a drop of 9 points from June, and far below the expected reading of 100.

Here are the final numbers from Tuesday on Wall Street:

Dow Jones Industrial Average: 17,630.27 (+189.68)

NASDAQ: 5,089.21 (+49.43)

S&P 500: 2,093.25 (+25.61)

Phil Cannella
Partnered with CBS Radio Network, Phil Cannella reports on the issues most important to the American retiree.
Phil Cannella

@phillipcannella

Phil Cannella a revolutionary thinker. Phil Cannella's cause is the Phil Cannella Crash Proof Retirement system. Phil Cannella has worked for decades.
Get the truth on how Wall Sts stacked against you, on The @CrashProofShow Sat at 10 AM on @1290wjno in FL, and 11 AM on @TalkRadio1210 in PA - 1 year ago
Phil Cannella

Leave a Reply

Your email address will not be published. Required fields are marked *