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VOL. 48 | NO. 23 | Friday, June 7, 2024
Wall Street drifts to a mixed close but still notches some records
NEW 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 0.3%, driven largely by gains in tech stocks, even though more stocks fell than rose within the index.
The Nasdaq climbed 0.9%. The Dow Jones Industrial Average slipped 0.3%.
The Federal Reserve announces its latest decision on interest rates on Wednesday and is widely expected to leave rates where they are.
Apple jumped 7.3% after highlighting its push into artificial intelligence.