Stock market today: Stocks ease back from records on Wall Street in mixed trading.
Stocks slipped away from recent records on Wall Street Thursday following a mixed set of reports on the economy.
The S&P 500 was 0.3% lower in afternoon trading after setting an all-time high for the 31st time this year before Wednesday’s holiday. There were slightly more stocks rising than falling in the index. The Dow Jones Industrial Average was up 253 points, or 0.7%, as of 1:51 p.m. Eastern time, and the Na... moreStock market today: Stocks ease back from records on Wall Street in mixed trading.
Stocks slipped away from recent records on Wall Street Thursday following a mixed set of reports on the economy.
The S&P 500 was 0.3% lower in afternoon trading after setting an all-time high for the 31st time this year before Wednesday’s holiday. There were slightly more stocks rising than falling in the index. The Dow Jones Industrial Average was up 253 points, or 0.7%, as of 1:51 p.m. Eastern time, and the Nasdaq fell 0.9%.
Nvidia gave up an early gain and fell 3.4%, weighing down the broader market. The semiconductor company supplanted Microsoft on Tuesday as the most valuable company on Wall Street with a total market value of more than $3.3 trillion. It’s been on an incredible run as the main beneficiary of the stock market’s frenzy around artificial-intelligence technology.
