Stock market today: Wall Street drifts after mixed economic reports, more AI ebullience

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 34 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 63%

Federal Reserve News

Interest Rates,Bond Market,Inflation

NEW YORK (AP) — U.S. stocks are drifting around their records Thursday following some mixed data on the economy, including the latest encouraging update on...

NEW YORK — U.S. stocks are drifting around their records Thursday following some mixed data on the economy, including theThe S&P 500 was 0.3% higher in early trading, a day after jumping to an all-time high. The Nasdaq composite was also building on its own record and up 0.7%, as of 9:40 a.m. Eastern time. The Dow Jones Industrial Average was down 154 points, or 0.4%.

High interest rates have been dragging on some parts of the economy, particularly manufacturing. A separate report on Thursday showedlast week than economists expected, though the number is still low relative to history. Dave & Buster’s Entertainment sank 10.2% after reporting worse drops for profit and revenue for the latest quarter than expected, citing a “complex macroeconomic environment” among other reasons. Other companies have recently been detailing a split among their customers, whereSome companies have been able to skyrocket regardless of the pressures on the economy because of an ongoing frenzy around artificial-intelligence technology.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: Wall Street opens mixed after its latest winning weekNEW YORK (AP) — Wall Street is opening on a quiet note following its latest winning week. The S&P 500 was up 0.1% in early trading Monday. The Dow Jones Industrial Average was little changed, and the Nasdaq composite was up 0.2%.
Source: SooToday - 🏆 8. / 85 Read more »

Stock market today: Wall Street drifts to a mixed close as Nasdaq notches another recordNEW YORK (AP) — U.S. stock indexes drifted to a mixed finish after a quiet day of trading, and the Nasdaq composite rose to another record. The Nasdaq climbed 0.7% Monday. The S&P 500 edged up by 0.1% to finish just short of its all-time high.
Source: SooToday - 🏆 8. / 85 Read more »

Stock market today: Asian shares decline after a mixed post-holiday session on Wall StreetTOKYO (AP) — Asian shares were mostly lower Wednesday after a mixed session on Wall Street following a three-day holiday weekend.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Wall Street ends mixed after the latest signal of a slowdownNEW YORK (AP) — Stocks ended mixed on Wall Street following the latest signal showing the U.S. economy is slowing. The S&P 500 edged up 0.1% Monday after erasing a midday slump.
Source: SooToday - 🏆 8. / 85 Read more »

Stock market today: Asian stocks trade mixed after Wall Street logs modest gainsTOKYO (AP) — Asian shares traded mixed Wednesday, as investors weighed recent data highlighting a slowing U.S. economy that offers both upsides and downsides...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Wall Street drifts to a mixed close but still notches some recordsNEW YORK (AP) — Stocks drifted to a mixed close overall on Wall Street, but the S&P 500 and Nasdaq composite still managed to notch more record highs. A big gain in Apple helped push both indexes higher Tuesday. The S&P 500 added 0.
Source: SooToday - 🏆 8. / 85 Read more »