People walk past the New York Stock Exchange Wednesday, March 27, 2024. World shares are mixed after Wall Street slipped a bit further from its record highs. The S&P 500 was up 0.2% in midday trading. It’s on track for its first gain since setting an all-time high last week on Thursday, but all its movements since then have been relatively modest.The Dow Jones Industrial Average was up 228 points, or 0.6%, as of 11:30 a.m. Eastern time, and the Nasdaq composite was 0.1% lower.
Cintas, a provider of work uniforms and office supplies, was another big force pushing the S&P 500 upward. It jumped 9.7% after reporting stronger profit for the latest quarter than analysts expected. On the losing end of Wall Street was Nvidia, which is on track for a second straight loss after screaming 91% higher for the year so far. It sank 3.4%, as some investors may be locking in profits before closing their books for the end of the quarter. Nvidia has been one of the biggest winners of Wall Street’s frenzy around artificial intelligence.
In the bond market, Treasury yields were slipping on a day with few economic reports to shake things up.The week’s highlight for the bond market may be arriving Friday, when the U.S. government releases the latest monthly update on spending by U.S. consumers. It will include the measure of inflation that the Federal Reserve prefers to use as it sets interest rates.
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Stock market today: Global shares trading mixed after Wall Street’s momentum coolsGlobal shares are mixed in muted trading, as a wait and see mood prevails in markets around the world.
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Stock market today: Global shares trading mixed after Wall Street’s momentum coolsGlobal shares are mixed in muted trading, as a wait and see mood prevails in markets around the world.
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Stock market today: Asian shares trading mixed after Wall Street’s momentum coolsAsian shares were mixed in muted trading, as buying in some markets was soon erased by profit-taking. Japan’s benchmark Nikkei 225 finished little changed Tuesday. Shares fell in Sydney, but rose in South Korea and China. Wall Street edged back further from its record heights reached last week. The S&P 500 slipped 0.
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Stock market today: Asian shares trade mixed after Wall Street closes near record finishAsian shares are trading mixed as investors await further indications of future U.S. interest rate cuts. Chinese markets rose while shares fell in Tokyo and Seoul Monday. The Chinese yuan dipped to its lowest level in four months. Oil prices advanced and U.S. futures were lower.
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Stock market today: Asian shares are mixed after another Wall Street record dayStocks are mixed in Asia after Wall Street tapped fresh records, led by big gains in chipmakers. Japan's Nikkei 225 topped 41,000 for the first time early Friday but then fell back. Chinese property and tech companies weighed on markets in Shanghai and Hong Kong. On Thursday, the S&P 500 rose 0.3% to an all-time high for a third straight day.
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Stock market today: Asian shares trade mixed after Wall Street closes near record finishAsian shares are trading mixed as investors await further indications of future U.S. interest rate cuts.
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