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News / Business

Stock market today: Wall Street drifts to a mixed close but still notches some records

By DAMIAN J. TROISE, AP Business Writer
Published: June 11, 2024, 1:50pm

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.