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Wall Street sets a record while the U.S. dollar’s value slides again

NEW YORK (AP) — Wall Street ticked to a record on Tuesday, as stocks zigzagged following mixed profit reports from UnitedHealth, General Motors and other big companies. The S&P 500 rose 0.4% and edged past its prior all-time high set a couple weeks ago. The Dow Jones Industrial Average dropped 408 points, or 0.8%, and the Nasdaq composite climbed 0.9% as the stock market cleaved between winners and losers. The swings were even bigger in foreign-currency markets, where the U.S. dollar’s value slid against its peers again. Shortly after U.S. stocks finished Tuesday’s trading, the ...

NEW YORK (AP) — The U.S. stock market bounced back from its worst day since October on Wednesday after President Donald Trump said he reached the framework for a deal about Greenland, an island he’s long coveted, and won’t impose tariffs he had threatened on several European countries. The S&P 500 rallied 1.2% after Trump said the deal, “if consummated, will be a great one for the United States of America” and its allies in the North Atlantic region. The announcement triggered an immediate move higher in the stock market, which found solace earlier in the day after Trump ...

Wall Street steadies as chip stocks bounce back and oil prices ease

NEW YORK (AP) — Wall Street steadied on Thursday as stocks in the artificial-intelligence industry bounced back following an encouraging report from a Taiwanese chip giant and as oil prices eased sharply. The S&P 500 rose 0.3% and snapped the two-day losing streak it had been on since setting an all-time high. The Dow Jones Industrial Average added 292 points, or 0.6%, and the Nasdaq composite rose 0.2%. Nvidia and other formerly high-flying AI stocks helped lift the market after Taiwan Semiconductor Manufacturing Co., a major supplier to the industry, reported a stronger profit ...

Wall Street slumps as bank and tech stocks fall

NEW YORK (AP) — Losses for several banks and Big Tech stocks pulled indexes lower on Wednesday, even though the majority of stocks on Wall Street rose. The S&P 500 slipped 0.5% for its second straight loss after setting its all-time high. The Dow Jones Industrial Average dipped 42 points, or 0.1%, and the Nasdaq composite lost 1%. Wells Fargo helped pull the market lower after falling 4.6%. The San Francisco-based bank reported weaker profit and revenue for the latest quarter than expected, with analysts citing lower trading fees and other miscellaneous items. Bank of America ...