Wall Street pushes broadly higher after two days of losses

Wall Street pushes broadly higher after two days of losses

4 years ago
Anonymous $drS9DEX_Sj

https://apnews.com/b70786896109ec5e2f600a85eed75b64

Stocks pushed broadly higher on Wall Street Thursday, helping the S&P 500 claw back the ground it lost over the previous two days and turn slightly higher for the week. The benchmark index added 0.4%, helped by gains in technology companies and banks. Investors were underwhelmed by the market debut of online brokerage Robinhood, which closed 8.4% below its IPO price after a day of jagged trading. Another big batch of companies released their latest quarterly results. Pizza Hut owner Yum Brands and Ford rose after reporting solid earnings. The yield on the 10-year Treasury note edged up to 1.27%.

THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.