S&P 500 Halts Three-Day Slide

Early fourth-quarter earnings reports and optimism on jobs played a role

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The S&P 500 halted its three-day losing streak today, rising 0.61 percent to 1837.88 as investors showed confidence in this Friday’s job report and fourth-quarter earnings beginning to be announced.

Last year, the U.S. stock market reached all-time highs and saw its biggest percentage gains since 1997, but the first three trading days of 2014 saw some downward movement in stock prices on the S&P 500.

Health care and technology led gains on the S&P 500 today, and on the Dow Jones Industrial Average, Johnson & Johnson and UnitedHealth Group saw notable jumps.

The Dow Jones Industrial Average also rose 105.84 points — less than 1 percent — to close at 16530.94