Market Watch: Stocks snap 7 day losing streak

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Investors continued to appear nervous as stocks barely held their own today. The market avoided its 8th straight day of losses.  Prior to yesterday’s setback the Dow’s last 7 day losing streak was a year ago in August of 2015.  Oil recovered some today, gaining $1.32 and closing above $40 per barrel, but what is the general census form market watcher out there?  More from CNBC below.

Meantime bond guru/portfolio manager at Janus Capital and Pimco founder Bill Gross said today:

“I don’t like bonds or stocks, and I prefer gold and real assets at a time of high risk.”

Gross has been highly critical of global central banks that have used near-zero interest rates and money printing to try to boost economic growth.

Here are the final numbers from Wednesday, August 3, 2016 on Wall Street:

Dow Jones Industrial Average: 18,355.00  (+41.23 / +0.23%)

NASDAQ: 5,159.74 (+22.00 / +.43%)

S&P 500: 2,163.79  (+6.76/ +0.31%)

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