NEW YORK (AP) — Wall Street is ticking toward a record on Thursday following some better-than-expected updates on the economy and a mixed set of profit reports from big U.S. companies.
The S&P 500 was up 0.4% in midday trading and on track to top its all-time high set a week ago. The Dow Jones Industrial Average was up 155 points, or 0.4%, as of 11:50 a.m. Eastern time, and the Nasdaq composite was adding 0.7% to its record set the day before.
Trading was calmer than Wednesday’s, when President Donald Trump jolted financial markets by saying he had discussed the “concept” of firing the chair of the Federal
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