Stock market today: Wall Street falls short of a record


Source: baytoday.ca baytoday.ca

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NEW YORK (AP) — Wall Street fell short of a record following mixed profit reports from big companies. The S&P 500 ended essentially flat Friday, a day after rallying within 0.1% of its all-time high set last month. The Dow Jones Industrial Average dipped 0.4%, and the Nasdaq composite added 0.4%. Airbnb rallied after reporting stronger profit than analysts expected, while Applied Materials fell after giving a forecast for upcoming revenue that fell short of some estimates. Treasury yields eased after a report said sales at U.S. retailers weakened sharply last month. THIS IS A BREAKING NEWS UPDATE. AP’s earlier...