A day of dramatic swings on Wall Street, including the worst day for Microsoft in years, finished with only relatively modest moves.
The S&P 500 edged down by 0.1% Thursday after flirting with its record high in the morning and falling by as much as 1.5% in the midday hours. The Dow Jones Industrial Average added 0.1%, and the Nasdaq composite fell 0.7%.
Microsoft tumbled following its profit report, but a big gain for Meta Platforms helped to nearly offset it. Oil prices rose, while Treasury yields edged lower in the bond market.
On Thursday:
The S&P 500 fell 9.02 points, or 0.1%, to 6,969.01.
The Dow Jones Industrial Average rose 55.96 points, or 0.1%, to 49,071.56.
The Nasdaq composite fell 172.33 points, or 0.7%, to 23,685.12.
The Russell 2000 index of smaller companies rose 1.23 points, or less than 0.1%, to 2,654.78.
For the week:
The S&P 500 is up 53.40 points, or 0.8%.
The Dow is down 27.15 points, or 0.1%.
The Nasdaq is up 183.88 points, or 0.8%.
The Russell 2000 is down 14.39 points, or 0.5%.
For the year:
The S&P 500 is up 123.51 points, or 1.8%.
The Dow is up 1,008.27 points, or 2.1%.
The Nasdaq is up 443.13 points, or 1.9%.
The Russell 2000 is up 172.87 points, or 7%.
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