Stocks finish higher as Powell, Mnuchin repeat calls for stimulus

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U.S. stocks snap 4-session losing streak as tech rebounds

U.S. stocks closed higher, snapping a four-day losing streak for two of the three major indexes, as investors attempted to look past rising coronavirus case counts around the world and intensifying political tensions in Washington. The Dow Jones Industrial Average DJIA, +0.51% added 140 points or 0.5% to close near 27,287, according to preliminary closing figures, while the S&P 500 SPX, +1.05% finished near 3,316, up 34 points or 1.1%. The Nasdaq Composite index COMP, +1.

bounced more than 5% higher after an analyst price-target increase.

 

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