US stocks wobble, hover around record highs set last week

Published November 1, 2021 9:26 AM

By DAMIAN J. TROISE and ALEX VEIGA
AP Business Writers

Stocks wobbled in afternoon trading on Wall Street Monday and hovered around the record highs set last week. The S&P 500 rose 0.1% and the Dow Jones Industrial Average rose 0.1%. The Nasdaq rose 0.4%. Smaller company stocks far outpaced the broader market. Energy stocks made solid gains as oil prices rose. Bond yields also rose. This week traders will be watching another policy meeting by the Federal Reserve, which is in the process of considering how to wind down its extraordinary support measures for the economy. More companies are reporting their latest quarterly earnings and the government releases its monthly jobs report Friday.

Article Topic Follows: AP National Business

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