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January 9, 2018

Stocks erase morning losses

By STAN CHOE
AP Business Writer

NEW YORK — The stock market's perfect start to the year rolled on, and the Standard & Poor's 500 index shook off a bit of weakness on Monday to tick further into record territory.

Stocks had dipped in early trading, and the S&P 500 appeared to be on pace for its first down day of the year. But accelerating gains for dividend-paying and technology stocks helped offset losses in the health care industry, and the S&P 500 eked out a fifth straight gain. Other U.S. indexes edged higher or held close to their record levels.


 
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