NEW YORK — Wall Street is mostly quiet on Friday, and U.S. stocks are holding relatively steady, even if businesses around the world are scrambling to contain the effects of a disruptive technology outage.
American Express dropped 4.1% after its revenue for the latest quarter fell short of analysts’ forecasts. It was one of the heaviest weights on the S&P 500 despite reporting stronger profit than expected. Halliburton fell 4.1% after the provider of services to the energy industry matched analysts’ expectations for profit last quarter but missed for revenue. Its rival, SLB, added 3.7% after its profit topped expectations.
“This rotation can continue, but it doesn’t always have to be where they’re rising faster, it could be because they are falling less,” according to Brian Jacobsen, chief economist at Annex Wealth Management. “The eventual improvement in fundamentals of small and value could help cushion the downside and provide great long-term opportunities.”
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Stock market today: Wall Street opens slightly lower; CrowdStrike sinks after tech outageNEW YORK (AP) — Wall Street is relatively quiet even as businesses around the world scramble to contain the effects of a disruptive technology outage. The S&P 500 slipped 0.1% early Friday, a day after a wipeout dragged much of the market lower.
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Stock market today: Wall Street opens higher after inflation continues to easeNEW YORK (AP) — Stocks are edging higher in early trading on Wall Street and are heading for their fourth weekly gain in a row.
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Stock market today: Wall Street inches higher ahead of inflation reportStocks inched higher on Wall Street as markets wait for a key report on inflation. The S&P 500 edged up 0.1% Thursday. The Nasdaq composite added 0.3%, and the Dow Jones Industrial Average rose 0.1%.
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Stock market today: Wall Street barely budges ahead of inflation reportNEW YORK (AP) — Stocks are barely budging in early trading on Wall Street as markets wait for a key report on inflation. The S&P 500 was up about 0.1% in the early going Wednesday. The Nasdaq composite was up 0.
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Stock market today: Wall Street drifts in subdued trading around last week's recordsStocks drifted to a mixed close near the all-time highs they set last week. The S&P 500 index edged up 0.2% Wednesday. The Nasdaq composite rose 0.5%, and the Dow Jones Industrial Average edged up less than 0.1%.
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Stock market today: Wall Street slips in early trading, edging further below last week's recordsStocks are off to a sluggish start on Wall Street, pulling major indexes further below the all-time highs they set last week. The S&P 500 index slipped 0.2% in the first few minutes of trading Wednesday. The Nasdaq composite gave back 0.
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