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Wall Street’s feverish rally takes a break as US stocks and gold pull back from their records

Wall Street’s feverish rally takes a break as US stocks and gold pull back from their records

NEW YORK (AP) — Wall Street is taking a pause. The S&P 500 fell 0.2% Thursday, coming off its latest all-time high and its eighth gain in the last nine days. The Dow Jones Industrial Average dropped 160 points, and the Nasdaq composite slipped 0.2%. Drops for Tesla and Dell Technologies helped to offset a big gain for Delta Air Lines after it delivered a stronger profit for the summer than analysts expected. The price of gold also pulled back from its latest record following its stellar run this year, while Treasury yields held relatively steady in the bond market.… Continue Reading

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