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Stock market today: Wall Street falls from its records as oil prices tumble and tech stocks drop

Stock market today: Wall Street falls from its records as oil prices tumble and tech stocks drop

NEW YORK (AP) — U.S. stocks are edging back from their records as the price of crude oil tumbles again. The S&P 500 slipped 0.3% in midday trading Thursday, a day after setting an all-time high for the 46th time this year. The Dow Jones Industrial Average was down 77 points, and the Nasdaq composite fell 0.8%. Exxon Mobil and other energy stocks sank to some of the market’s worst losses as oil prices dropped again. Chip stocks fell after supplier ASML warned of a slower recovery outside of the AI boom. Treasury yields eased as trading for U.S. bonds resumed following a holiday.… Continue Reading

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