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Stock impact report

Stocks' perfect 2018 winning streak finally ends [CBS News]

United Airlines Holdings, Inc. (UAL) 
Last united airlines holdings, inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.united.com
Company Research Source: CBS News
Stocks' perfect 2018 winning streak finally ends NEW YORK - The stock market's fantastic start to 2018 stalled out on Wednesday after interest rates climbed. The S&P 500 and Nasdaq Composite turned in their first down days of the year, and along with the Dow Jones Industrials index, retreated a bit from Wednesday's latest record highs. Losses had been much steeper in the morning, when the yield on the 10-year Treasury approached 2.60 percent. But the rise in rates moderated as the day progressed, and stocks recovered almost all of their losses. Still, by trading's end on Wednesday, the S&P 500's perfect streak of a new all-time high for each trading day of 2018 -- seven altogether -- was broken. The broad market index ended 3 points lower, or 0.1 percent, at 2,748. Earlier in the morning, it was down as much as 0.6 percent. Wednesday ended the S&P 500's longest winning streak to lead off a year since 2010. The Nasdaq composite fell 10 points, or 0.1 percent, to 7,154. The negative fi Show less Read more
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