Stocks & Bonds: Market Shakes Off 3-Day Losing Streak
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Wall Street finished moderately higher in fitful trading Thursday as investors, still nervous about the economy, decided to buy back into the market.
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Stocks regain some of Tuesday's losses as Fed chief indicates everything is OK.
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Stocks ended higher on Thursday after  a major bond insurer reassured investors about its stability,  fueling a rebound by financial shares hammered recently by the  prospect of crumbling credit markets.
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Stocks ended sharply higher on Wednesday, snapping a five-day losing streak on optimism that regulators will keep afloat the biggest bond insurers and ease concerns about the outlook for the financial sector.
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After breaking a losing streak Thursday stocks need strong gains to erase the week's losses.
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A rebound in energy and commodity companies helped stocks rise for a third day, extending the DowÂs record-breaking rally.
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By Bloomberg News. Stocks rose for a third day as results from Lehman Brothers bolstered optimism that profits at Wall Street brokerage firms would top estimates.
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Treasury debt prices recouped early  losses to turn flat on Wednesday as bullish momentum fought  profit-taking after three straight sessions of gains.
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U.S. stocks broke a four-day losing  streak to end higher on Tuesday, as better-than-expected  earnings from companies like Johnson & Johnson JNJ.N and  positive consumer confidence data pleased Wall Street.
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U.S. stocks ended higher for a third  successive day on Tuesday, even as oil prices rose to another  record, after investors were encouraged by data showing an  easing of inflationary pressure and a sharp rebound in the  housing market.
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U.S. stocks advanced on Tuesday,  rebounding from a four-day losing streak, as earnings from  companies like Johnson & Johnson JNJ.N and positive consumer  confidence data pleased Wall Street.
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NEW YORK -- Stocks pulled back sharply and bonds jumped Friday as rising oil prices and lackluster profit reports stirred concerns about the ability of the economy to continue to push ahead.
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Wall Street extended its rebound to a third session Friday, ending with a moderate advance after personal consumption data bolstered the outlook for the economy and interest rates. The major indexes finished the week with solid gains.
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Stocks rose on Wednesday after a pullback in benchmark bond yields and signs of strength in the economy triggered a rebound in interest-rate-sensitive shares, including banks, utilities and home builders.
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Stocks fell on Friday, halting a four-day rally, as investors sold to lock in profits after the Dow industrials touched a record high and Wall Street rounded out its best third quarter in nine years.
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Stocks soared on Tuesday and were set to end a three-day losing streak as nearly a week of steep declines made shares' valuations look enticing to buyers.
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NEW YORK, Aug. 24 -- Stocks rallied Friday on good economic reports, easing investor nerves despite worries over the fragile credit market.