Stocks edge higher on Wall Street ahead of Fed, jobs news

Published November 2, 2021 12:03 PM

By DAMIAN J. TROISE and ALEX VEIGA
AP Business Writers

Stocks edged higher in afternoon trading on Wall Street Tuesday ahead of more news this week from the Federal Reserve and on the jobs market. The S&P 500 rose 0.3%. The Dow Jones Industrial Average rose 0.4%, on pace to close above 36,000 points for the first time. The Nasdaq rose 0.1%. Small-company stocks were little changed after surging a day earlier. The yield on the 10-year Treasury note fell to 1.55%. Crude oil prices fell. Pfizer was up 4% after delivering a strong profit report. Losses from a mix of energy stocks and companies that rely on direct consumer spending tempered gains elsewhere in the market.

Article Topic Follows: AP National Business

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