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VOL. 46 | NO. 27 | Friday, July 8, 2022

Wall Street rallies again, even as bond market signals worry

The Associated Press

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Stocks rallied again on Wall Street Thursday, and the S&P 500 is closing out a fourth straight gain. The 1.5% rise marks the longest winning streak for the index since March.

Most of the market climbed, and energy-producing companies led the way after oil prices recovered a chunk of their sharp losses from earlier in the week.

The bond market is still showing signs of worry about a possible recession, though.

A report on Thursday showed more workers filed for unemployment benefits last week than expected.

A report on Friday will show more broadly how the jobs market is doing.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0