Stock market today: Wall Street drifts in early trading

Key Topics in this News Article:
News Snapshot:

NEW YORK (AP) — Stocks are still stuck on pause as Wall Street continues to recalibrate following its sharp recent swings. The S&P 500 was up 0.2% early Wednesday and on track for a third straight day of quiet trading. The Dow edged up 38 points, and the Nasdaq composite was up 0.1%. Rivian Automotive jumped 6.2% after the electric vehicle company raised its forecast for how many vehicles it will produce this year. The 10-year Treasury yield held relatively steady at 4.56%. The price of U.S. crude oil is back to where it was in July, and it slipped…

  • This field is for validation purposes and should be left unchanged.
  • Newsletter to Your Inbox

    China intelligence delivered each week!

  • This field is hidden when viewing the form