Nasdaq composite extends winning streak

Market recovered following afternoon stumble

1/10/2017
ASSOCIATED PRESS
  • Financial-Markets-Wall-Street-1162

    Trader James Riley, left, and specialist Dilip Patel work on the floor of the New York Stock Exchange on Tuesday.

    ASSOCIATED PRESS


    • NEW YORK — Stocks ended mostly higher on Wall Street as the market recovered following an afternoon stumble.

    The Nasdaq composite index extended its winning streak to a sixth day today and closed at another all-time high.

    Several health care companies posted gains. Illumina, which makes genetic testing equipment, soared 17 percent after releasing a solid profit and sales forecast.

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    The drugmaker Valeant jumped 7 percent after saying it will sell more than $2 billion in assets.

    The Nasdaq composite increased 20 points, or 0.4 percent, to 5,551.

    The Standard & Poor’s 500 index ended unchanged at 2,268. The Dow Jones industrial average slipped 31 points, or 0.2 percent, to 19,855.

    More stocks rose than fell on the New York Stock Exchange.