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Stock market today: Wall Street wavers ahead of bank earnings and Powell testimony this week

bozemandailychronicle.com 2024/10/4
Stocks are wavering on Wall Street and hovering around the record highs they set last week

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Financial Markets New York
FILE - The New York Stock Exchange is seen on Wednesday, July 3, 2024, in New York. Shares advanced Friday, July 5, 2024, in Europe after Britain's Labour Party prevailed over the Conservatives in this week's national election.
Financial Markets
FILE - A person walks past at an electronic stock board showing financial indexes including Japan's Nikkei 225 index, green, at a securities firm in Tokyo, June 27, 2024. Asian shares were mostly lower on Friday, July 5, after solid gains in Europe overnight, while U.S. markets were closed for the July 4th holiday.
Japan Financial Markets
People stand in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm under the intense sun Monday, July 8, 2024, in Tokyo.
Japan Financial Markets
A person walks in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm under the intense sun Monday, July 8, 2024, in Tokyo.
Japan Financial Markets
People are reflected on the window of an electronic stock board showing Japan's Nikkei 225 index at a securities firm Monday, July 8, 2024, in Tokyo.
Japan Financial Markets
People stand in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm under the intense sun Monday, July 8, 2024, in Tokyo.
Financial Markets New York
FILE - The New York Stock Exchange is seen on July 3, 2024, in New York. Asian stocks have fallen while European markets are higher on Monday, July 8, 2024, after France's elections left its legislature divided among left, center and far right, with no single political faction getting close to a majority.

NEW YORK (AP) — Stocks are wavering in afternoon trading on Wall Street Monday, hovering around the record highs they set last week.

The S&P 500 was mostly unchanged. The Nasdaq rose 0.3%, and the Dow Jones Industrial Average gave up an early gain and was down 49 points, or 0.3% as of 12:03 p.m. Eastern.

Specialty glassware maker Corning surged 10.7% for one of the biggest gains in the market after raising its sales forecast.

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