From Yahoo Finance.: 2024-06-11 16:55:43

Stocks on Wall Street closed with mixed results, but the S&P 500 and Nasdaq set new record highs. The S&P 500 rose 0.3% to 5,375.32, driven by tech stocks, while the Nasdaq jumped 0.9% to 17,343.55. Apple surged 7.3%, boosting the broader market. The Dow Jones Industrial Average dropped 0.3% to 38,747.42. The U.S. awaits key inflation data and the Federal Reserve’s interest rate decision. Expectations include an unchanged consumer price index at 3.4% in May and the hope for a rate cut later this year. Economists seek a balanced economy to ease inflation and provide growth.



Read more at Yahoo Finance.: Wall Street drifts to a mixed close but still notches some records