Stocks rise on Wall Street, clawing back bit of 4-week slump

U.S. stocks are rallying Monday, as Wall Street claws back some of its sharp and sudden September losses

NEW YORK — U.S. stocks are rallying Monday, as Wall Street claws back some of its sharp and sudden September losses.

The S&P 500 was 1.5% higher in late morning trading, following up on its first four-week losing streak in more than a year. Momentum has been ultra-quick to shift recently, though, and the market has had several early gains quickly vanish. The S&P 500’s gain for Monday has already veered between 1% and 1.8%.

The Dow Jones Industrial Average was up 458 points, or 1.7%, at 27,634, as of 11:32 a.m. Eastern time, and the Nasdaq composite was 1.4% higher.

One of the

Read More