Wall Street closed higher to take a bit of the edge off another losing month. The S&P 500 rose 0.6% Tuesday, a day after clawing back a bigger chunk of its loss for October. The Dow Jones Industrial Average added 123 points, and the Nasdaq composite gained 0.5%.
The S&P 500 rose 0.6% Tuesday, a day after clawing back a bigger chunk of its loss for October. The Dow Jones Industrial Average added 123 points, and the Nasdaq composite gained 0.5%.Treasury yields held relatively steady after data showed U.S. workers’ wages and benefits grew more slowly than expected during the summer.
That could influence the Federal Reserve’s next decision on interest rates, which is due Wednesday.McDonald’s pumps brakes on prices as US traffic falls slightly, but Q3 sales beat expectationsThe Dow Jones Industrial Average rose 123.91 points, or 0.4%, to 33,052.87.The S&P is up 76.43 points, or 1.9%.The S&P 500 is up 354.30 points, or 9.2%.
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