NEW YORK (AP) — The stock market stabilized Monday as investors looked for cheap stocks after a four-week losing streak.
The Dow Jones industrial average gave up a 200-point rally and was up 45 points by late afternoon. Compared with the wild swings of earlier this month, Monday's trading was relatively calm.
Hewlett-Packard Co. rose 4 percent, the most of the 30 large companies in the Dow Jones industrial average. H-P sank 20 percent on Friday after saying it planned to sell its PC business and stop selling other products.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
