S&P 500 snaps three-day losing streak as investors assess earnings, Fed's next move

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The S&P 500 snapped a three-day losing streak as investors digested third-quarter earnings reports and insights into when the Fed could pull back its monetary policy. The Dow ended flat. The S&P 500 rose 0.31%. The Nasdaq was up 0.73%.

following a boost from better-than-expected loan losses. Revenue for the largest U.S. bank by assets also came in higher than expected.

However, the airline said higher costs of fuel and other expenses will pressure its fourth-quarter bottom line. Shares of Delta shed 5.8%. A relatively strong tech sector helped support the Nasdaq Composite and S&P 500. Big Tech names Microsoft, Google-parent Alphabet and Amazon rose. Nvidia, Zoom and Salesforce also gained.

 

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