The Nasdaq Composite lost 0.8%
Nvidia, Broadcom and other artificial intelligence bull market leaders led the gains
Several “Magnificent Seven” names are set to report this week
he Dow Jones Industrial Average rallied 186 points
Oracle led a decline in tech stocks
Comerica shares rallied more than 10%
U.S. stocks slipped last week
The all-items index showed an annual rate of 2.7%
The Dow Jones Industrial Average added 124 points, or 0.27%
The Nasdaq Composite edged up 0.03% to end at 21,886.06
The unemployment rate also rose to 4.3%
The ADP private payrolls report showed an increase of 54,000 in August
The Nasdaq Composite closed up 0.21% at 21,590.14,
The late-day gains mean the S&P 500 notched its third straight record close
Traders are pricing in a near 100% chance of a rate cut at the Fed’s September meeting
The blue-chip index then recovered those losses Monday
President Donald Trump announced that a 25% duty on Mexican imports
Investors parsed Powell’s comments at a press conference for insights into the Fed’s next move
The S&P 500 climbed 0.78% for a record close of 6,358.91
Chip stocks were under pressure
The blue-chip Dow was the outlier
The Dow Jones Industrial Average
Wall Street’s move toward record levels comes as trade tensions have eased
The S&P 500 slipped 0.03% to close at 5,980.87
Oil prices popped as the conflict escalated
Stocks dropped Tuesday as a relief rally proved short-lived
The S&P 500 wavered after hitting new records on Friday, as investors took some profit near the end of a solid week centered on President Donald Trump’s return to the White House.