Nasdaq, Dow Jones Industrial Average and Stock market
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Major gauges edge up ahead of Wednesday's jobs report, with low expectations for the health of the labour force.
Investors reacted to weaker-than-expected retail sales data and grew concerned about the threat artificial intelligence poses to the financial sector.
Stocks drifted to a mixed finish after flirting with record highs. The S&P 500 fell 0.3% Tuesday after briefly rising above its all-time high, which was set a couple weeks ago.
The Dow Jones Industrial Average achieved a third consecutive record high, while the S&P 500 and Nasdaq closed in the red.
Investors are looking ahead to the January jobs report, due Wednesday morning. The results could be a key catalyst for the market.
Live updates on markets and the top finance, economics and business stories. Plus the latest on the Dow after its Monday record, the S&P 500 and Nasdaq.
Software stocks and the broader Nasdaq Composite rose more than 1% as dip-buyers rushed into the market after days of intense selling.
U.S. stocks drifted higher following big rallies for markets in Asia earlier in the day. The S&P 500 rose 0.5% Monday and pulled closer to its all-time high set two weeks ago.
The Dow on Friday climbed above 50,000 points during trading. It’s the first time the blue-chip index has crossed the historic milestone.
Dow, S&P 500, and Nasdaq futures are rising in premarket trading as the stock market looks ahead to economic data coming this week.