Written by Investing.com Staff, Investing.com
S&P 500 Snaps 2-Week Losing Streak Amid Renewed Bets on Tech
The S&P 500 closed modestly higher Friday, snapping a two-week loss on rising technology stocks as falling U.S. bond yields suggests they may be starting to buy the Federal Reserve’s bet that the turn-up in inflation will prove transitory.
The S&P 500 rose 0.08%, the Dow Jones Industrial Average was up 0.19%, or 64 points, and the Nasdaq Composite added 0.09%.
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