Stock indexes closed mixed on Wall Street at the end of a rare bumpy week. Broadcom surged after the semiconductor company beat Wall Street’s profit targets and gave a glowing forecast, highlighting its artificial intelligence products. On Friday: The S&P 500 fell 0.16 points, or less than 0.1%, to 6,051.09. The Dow Jones Industrial Average fell 86.06 points, or 0.2%, …
U.S. stock indexes reached more records after tech companies talked up how much artificial intelligence is boosting their results. The Dow Jones Industrial Average gained 0.7%, while the Nasdaq composite added 1.3% to its own record. On Wednesday: The S&P 500 rose 36.61 points, or 0.6%, to 6,086.49. The Dow Jones Industrial Average rose 308.51 points, or 0.7%, to 45,014.04. …
Wall Street wavered near its records after the Federal Reserve kicked off its efforts to prevent a recession with a bigger-than-usual cut to interest rates. The Dow Jones Industrial Average fell 0.2%, and the Nasdaq composite gave back 0.3%. On Wednesday: The S&P 500 fell 16.32 points, or 0.3%, to 5,618.26. The Dow Jones Industrial Average fell 103.08 points, or …
Technology stocks led Wall Street broadly lower as chipmaker Nvidia pulled back ahead of its earnings report this week. Walmart rose 3.2% after reporting stronger-than-expected results for its latest quarter and issuing sales forecasts that came in ahead of what Wall Street was expecting. On Tuesday: The S&P 500 fell 30.06 points, or 0.6%, to 4,975.51. The Dow Jones Industrial …