U.S. stocks drift to a mixed finish as yields fall after a discouraging report on U.S. shoppers
NEW YORK (AP) — Stocks drifted on Wall Street Tuesday following a mixed set of profit reports from big U.S. companies, as Hasbro jumped but Coca-Cola slipped. Hopes also built that the Federal Reserve will cut interest rates later this year to boost the economy following a discouraging report on the strength of U.S. shoppers. The S&P 500 fell 0.3% after briefly rising above its all-time high, which was set a couple weeks ago. The Dow Jones Industrial Average added 52 points, or 0.1%, to its own record, while the Nasdaq composite fell 0.6%. The action was stronger in the bond ...