Stock market today: S&P 500 backs away from record as Fed cheer fizzles
The S&P 500 ( ^GSPC) fell roughly 0.1% after the benchmark index ended at an all-time high. The Dow Jones Industrial Average ( ^DJI) climbed slightly higher on the heels of notching its own record close. Leading the way lower, the tech-heavy Nasdaq Composite ( ^IXIC) dropped 0.2%.
Stifel's Barry Bannister said that the non-farm payroll six-month diffusion index just crossed below a "recession trigger ...
U.S. stock futures are mostly edging lower ahead of "triple witching," Nike jumps on new CEO, FedEx slumps on downbeat ...
Stocks looked set to tick lower on Friday, with S&P 500 and Dow futures pointing to both gauges edging away from the record levels they'd set in the previous trading session.
Additional Fed rate cuts will boost confidence in one overlooked area of the market, a Goldman Sachs portfolio manager said.
Bullish sentiment for specialty retail stocks, plus a top-down move on trade, should continue to help the company's share ...
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