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US Stocks Edge Up After Longest Losing Streak Since 2022

Alexandra Semenova
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000US Stocks:US equities edged higher on Monday, putting a pause on a war-triggered selloff that spurred the longest stretch of losses since 2022 as investors and strategists across Wall Street suggested the selling was getting overdone.The S&P 500 Index rose 0.2% as of 10:02 a.m. in New York, while contracts on the Nasdaq 100 Index was little changed. The slight increase came even as US and Israeli forces pressed ahead with attacks on Iran and oil prices climbed. The S&P 500 has dropped nearly 9% from its high on Jan. 27 through Friday.

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