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U.S. stocks were mixed Thursday as strong data boosted economic optimism, while some investors reduced Fed rate cut expectations.
U.S. stocks rallied on Wednesday, rebounding towards record highs after a mixed performance in the previous session.
Stocks fell on Tuesday as traders processed mixed corporate earnings and renewed concerns over semiconductor sales.
Stocks surged on Friday as the S&P 500 and Dow Jones Industrial Average reached new highs, driven by a strong start to the third-quarter earnings season from major banks.
Stocks fell on Thursday, with the S&P 500 and Dow Jones Industrial Average retreating from record highs.