Monday 2 May 2016

Wall Street rebounds; Nasdaq breaks seven-day losing run

Epic Research Update : US MarketsEpic Research Update : US Markets

US stocks rose on Monday, rebounding from losses last week, as financials gained with Berkshire Hathaway and weakness in the dollar eased worries about earnings for multinationals.

The Nasdaq snapped a seven-session losing streak, though Apple fell for an eighth straight session, its longest run of losses since mid-1998.

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