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Stocks fluctuate as investors await Fed minutes
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Stocks Fluctuate, Dollar Climbs After Fed Minutes: Markets Wrap
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Stocks Mixed After Rally to Record; Bonds Climb: Markets Wrap
Bloomberg 14 mins ago Rita Nazareth
(Bloomberg) Stocks were mixed after a rally that drove the equity market to all-time highs. Treasuries climbed, while the dollar fell.
The S&P 500 was little changed as a drop in technology companies offset gains in retailers. Stocks tied to the Archegos Capital Management crisis whipsawed after Credit Suisse Group AG unloaded more than $2 billion of the shares in the latest block trades stemming from the liquidation of Bill Hwang’s fund. ViacomCBS Inc., Vipshop Holdings Ltd. and Farfetch Ltd. bounced after slumping in early trading.