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Wall Street ticks to records after shaking off worries about Trump's feud with the Fed [Globe and Mail, The (Toronto, Canada)]
Last broadcom inc. earnings: 3/12 04:15 pm
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US:NASDAQ Investor Relations: investors.broadcom.com
The S&P 500 rose 0.2% Monday and added to its all-time high set on Friday. The Dow Jones Industrial Average recovered an early loss of 1% and rose 0.2%, while the Nasdaq composite rose 0.3%. Some nervousness was still evident in the market, though, amid concern that the Fed may be on the path to less independence in setting interest rates to keep inflation under control. Gold rose, and the U.S. dollar sank. THIS IS A BREAKING NEWS UPDATE. AP's earlier story follows below. NEW YORK (AP) — Wall Street is edging toward records Monday after bouncing back from early losses taken because of worries about the worsening feud between the White House and the Federal Reserve, one that experts warn could lead to higher inflation in the future. The S&P 500 rose 0.2% and added to its all-time high set on Friday. The Dow Jones Industrial Average recovered an early loss of nearly 500 points and rose 5 points, or less than 0.1%. The Nasdaq composite was up 0.4%, with a little less than an hour r
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