The five tech giants - Facebook, Amazon, Apple, Netflix and Alphabet - were down between 3.7% and 1.05%
Fed Chair Janet Yellen said the fall in inflation this year remained a mystery
NEW YORK (Reuters) - The S&P 500 and the Dow ended slightly higher on Wednesday, adding to their string of closing records, after the Federal Reserve signalled it expects another interest rate hike by year-end and disclosed timing for reducing its balance sheet.
The Fed left interest rates unchanged on Wednesday but signalled it still expects one more increase by the end of the year
Federal Reserve's upcoming meeting to act as the next catalyst
CPI data is the last to be released before the Fed's Sept 19-20 policy meeting
The iPhone maker was the second-biggest drag on the S&P behind McDonald's
REUTERS - The S&P opened at a record high on Tuesday as Irma further weakened to a post-tropical cyclone, and ahead of the highly anticipated launch of the new iPhone.
The Nasdaq Composite was up 63.32 points, or 1% at 6,423.51
As technology changed, became much more practical for large corporations to manage individual homes
REUTERS - The Dow and the S&P were slightly lower in late morning trading on Thursday as investors kept a close watch on Hurricane Irma, which was barreling toward Florida.
Concerns over North Korea, Hurricane Irma continue to weigh on investors
Chances of a rate hike in December have fallen to about 36% from 43% a month ago
The Nasdaq Composite edged up 0.64 points, or 0.01% to 6,217.16
All 11 major indexes were lower, technology index's 0.4% fall topping the list
Advancing issues outnumbered decliners on the NYSE by 1,793 to 1,016
Policymakers unanimously decided to keep interest rates unchanged
Investor sentiment lifted by easing tensions after key US officials played down risk of NKorea war
Traditional department stores like Macy's have been trying to reinvent themselves
The geopolitical tensions have prompted a risk off trade amid investors