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 ...