Stock Market Today: Stocks Extend Longest Winning Streak in Years

The main indexes lost momentum as the session wore on, but two out of three hung on for a win.

closeup of computer monitor screen with stock charts
(Image credit: Getty Images)

Stocks looked like they were ready to extend their longest winning streak in two years Wednesday, but momentum stalled mid-morning. A lack of key economic reports on today's docket had investors focused on a number of corporate earnings reports – some that were good and some that were not so good.  

Starting with the good. Energy stock Occidental Petroleum (OXY) – which is the sixth largest position in Warren Buffett's Berkshire Hathaway equity portfolio – gained 1.6% after earnings. The oil exploration and production company reported higher-than-expected third-quarter earnings and revenue, while operating cash flow came in at $3.1 billion. 

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Karee Venema
Senior Investing Editor,

With over a decade of experience writing about the stock market, Karee Venema is the senior investing editor at She joined the publication in April 2021 after 10 years of working as an investing writer and columnist at Schaeffer's Investment Research. In her previous role, Karee focused primarily on options trading, as well as technical, fundamental and sentiment analysis.