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Business

Wall Street drifts around its records as AMD rallies

NEW YORK (AP) — U.S. stocks drifted around their records in a mixed day of trading Wednesday. The S&P 500 added 0.1% and neared its all-time high set a couple weeks ago. The Dow Jones Industrial Average jumped 327 points, or 0.7%, to set a record for the second straight day, while the ...

2 Federal Reserve officials oppose an interest rate cut in December

WASHINGTON (AP) — Two Federal Reserve officials expressed opposition Wednesday to another interest rate cut at the central bank’s next meeting in December, further muddying the outlook for the Fed’s next steps. The remarks by Susan Collins, president of the Federal Reserve Bank of ...

The Dow rallies 550 points to a record

NEW YORK (AP) — Most U.S. stocks rose on Tuesday and carried the market back to where it was before last week’s swoon. The S&P 500 added 0.2% after erasing a loss taken during the morning. It’s been bouncing around lately, coming off Monday’s vigorous rebound following its first ...

Wall Street loses ground under the weight of falling technology stocks

NEW YORK (AP) — Wall Street lost ground Thursday as influential technology stocks fell and once again steered the broader market. The technology sector has been the driving force behind the market’s direction, whether up or down, all week. Thursday’s losses pushed nearly every major ...

Losses for Big Tech pull Wall Street lower

NEW YORK (AP) — Stocks fell in afternoon trading on Wall Street Tuesday, pulled down by losses in the same big tech companies that have been the main drivers of the market’s rally so far this year. The S&P 500 fell 1.2%. The Dow Jones Industrial Average fell 326 points, or 0.7%, as of ...