Stocks close mostly higher on Wall Street, but tech lags

Stocks close mostly higher on Wall Street, but tech lags

4 years ago
Anonymous $drS9DEX_Sj

https://apnews.com/26cd2a7ee6b5ee0f6cacc4938a89a8e4

Stocks closed mostly higher on Wall Street Wednesday, marking more records for the S&P 500 and the Dow Jones Industrial Average. Pullbacks in some technology stocks helped pull the Nasdaq composite slightly lower. The S&P 500 climbed 0.2% and the Dow added 0.6%. Investors got some better news on inflation when the Labor Department reported that consumer prices rose 0.5% from June to July, down from the previous monthly increase of 0.9%. Energy prices rose, sending the price of benchmark U.S. crude oil up 1.4%. The yield on the 10-year Treasury note slipped to 1.33%.

THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.