Wall Street Ends Four-Day Losing Streak
2026-09-11 20:07
By
Isabela Couto
1 min. read
US stock indices closed higher on Friday, halting four sessions of losses as oil prices and Treasury yields paused their surge.
The S&P 500 gained 0.9%, the Dow added 509 points, and the Nasdaq 100 rose 0.9%.
Long-dated Treasury yields eased from multi-year highs as fuel prices refrained from extending this week’s rally, which was fueled by a wave of strikes between the US and Iran in the Persian Gulf.
High energy prices were expected to worsen an already elevated inflation outlook, with headline inflation at 3.4% in August, reinforcing bets that the Fed will raise rates on Wednesday.
Credit-sensitive sectors gained as the oil rally paused, with Alphabet up 1.5% and Amazon adding 1.9%, while JPMorgan rose 0.8%.
Oracle erased earlier gains, down 1.8% despite reporting strong results.
Chipmakers gained, with AMD up 2.5% and Intel up 2.6%.
Dell surged 11.9% to all-time high on RBC Outperform initiation.
On the week, the S&P 500 lost 0.6%, the Nasdaq fell 0.7%, and the Dow shed 426 points.