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September 23, 2020

Wall Street halts 4-day losing streak

By STAN CHOE, DAMIAN J. TROISE and ALEX VEIGA
AP Business Writers

Stocks on Wall Street shrugged off an early slide and closed higher Tuesday, halting the first four-day losing streak since the market was selling off in the early days of the pandemic.

The S&P 500 climbed 1.1%, led by solid gains in technology and communications stocks, and companies that rely on consumer spending. Banks, health care and energy stocks closed lower. Homebuilders surged following a report showing U.S. home sales jumped in August to their highest level since 2006.


 
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