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published on September 10, 2018 - 1:31 PM
Written by Gabriel Dillard

The S&P 500 index broke a four-day losing streak with small gains as industrial companies and retailers rose.

Technology companies were also higher Monday following steep losses last week.

CBS slipped 1.5 percent after it announced the departure of longtime CEO Les Moonves following more accusations of sexual misconduct.

Alibaba skidded 3.7 percent after the huge Chinese e-commerce company said co-founder Jack Ma will step down as chairman in 2019.

The S&P 500 rose 5 points, or 0.2 percent, to 2,877.

The Dow Jones Industrial Average slipped 59 points, or 0.2 percent, to 25,857. The Nasdaq composite added 21 points, or 0.3 percent, to 7,924.

Bond prices didn’t move much. The yield on the 10-year Treasury note held steady at 2.94 percent.


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