Stock market today: Wall Street opens higher after a 3-day losing streak


Source: bradfordtoday.ca bradfordtoday.ca

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NEW YORK (AP) — Wall Street is opening higher following its first three-day losing streak since Halloween. The S&P 500 was up 0.5% early Thursday and continuing to hang near its highest level since March 2022. Before this week, stocks had rallied on hopes that the Federal Reserve is finally done raising interest rates. The Dow rose 54 points, and the Nasdaq composite was up 0.8%. Energy stocks rose after crude oil prices recovered some of their sharp tumble from the day before. Chewy fell more than 10% as sales growth slows for the seller of pet food and supplies....