Hamilton Herald Masthead

Editorial


Front Page - Friday, June 7, 2024

Wall Street drifts to a mixed close but still notches some records




NEW YORK (AP) — Stocks drifted to a mixed close overall on Wall Street, but the S&P 500 and Nasdaq composite still managed to notch more record highs.

A big gain in Apple helped push both indexes higher Tuesday. The S&P 500 added 0.3%, driven largely by gains in tech stocks, even though more stocks fell than rose within the index.

The Nasdaq climbed 0.9%. The Dow Jones Industrial Average slipped 0.3%.

The Federal Reserve announces its latest decision on interest rates on Wednesday and is widely expected to leave rates where they are.

Apple jumped 7.3% after highlighting its push into artificial intelligence.