The Unexpected Twist: Bad Turns Good in the Present
Stocks on Wall Street saw modest gains, helping to recover some of the losses incurred in August. The US economy and job market presented weaker-than-expected readings, causing Treasury yields to fall. The S&P 500 had a fourth consecutive gain, rising 0.4% to 4,514.87. Despite the increase, the index is still down 1.6% for the month. …