Market Wrap for Thursday, August 8: Stocks Snap Losing Streak With Modest Rally
August 08, 2013 at 16:27 PM EDT
The U.S. stock market rose on Thursday after a series of declines in the wake of uncertainty over the Federal Reserve's timeline for tapering its quantitative easing program. Although the gains were muted, the rally snapped a 3-day losing streak for U.S. equities. Crude oil futures fell for the fifth